When it comes to Lean Manufacturing, there are a number of strategies factories and producers can adopt to improve operational efficiency and overall performance. But it helps to gather an understanding of the basic principles by Lean management. Daniel Markovitz, a consultant and time management expert, argues that there are three basic concepts to Lean
Continue reading »General Electric, a long-time proponent of Lean Manufacturing efforts, is launching a new sustainability strategy for its line of “smart” refrigerators that it hopes will save the company millions while also curbing its environmental footprint. Touting its “Ecoimagination” campaign, GE's new refrigerators are among the first to pioneer the use of cyclopentane foam, which scales
Continue reading »Risk assessment is now one of the central components of effective supply chain management. Companies that focus extensively on procurement and logistics need to understand how various environmental, political and economic risks have and will affect their supply chains. This is one of many reasons why companies are investing in Lean supply management practices. The
Continue reading »Citing the cost-saving and performance benefits of Lean and Six Sigma, many organizations have tasked the C-suite to develop a Continuous Improvement (CI) strategy. A recent survey by IndustryWeek and TBM Consulting found companies with mature CI programs outperform companies without CI or Kaizen in three financial categories: projected revenue growth, operating income growth and
Continue reading »A Pennsylvania-based organic chocolate company announced this week it is planning a series of sustainable transformations intended to improve the company's bottom line, reduce operational redundancies and lessen its environmental impact. Dagoba Organic Chocolate, a subsidiary of the Hershey Company, reported Wednesday that its complete line of USDA Certified Organic chocolate products is now made
Continue reading »Cobra Plastics, a manufacturer of aerosol overcaps, has benefited from a number of process improvement initiatives over the past few years. These programs, which include lean manufacturing and a kaizen continuous improvement initiative, have helped the Macedonia, Ohio-based producer to boost its bottom line while sustaining operations through the economic downturn. One of the lean
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