Lean Tools: 5S and How Sort is Half the Battle TAGS: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Remember those G.I. Joe cartoons from the 80’s where at the end of each episode one of the Joes would teach us a life lesson (about nutrition, honesty, school, etc.)? …Continue reading →

Example of Investment and Return with Lean

Lean and the Profit Equation TAGS: | | | | | | | | | | | | | | | | | | | | | | To examine the impact lean implementation can have on a business, let’s look at the high-level super-simplified equation for profit. PROFIT = REVENUES – EXPENSES Components of the revenue term …Continue reading →

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