Penn State Football Oversells Tickets to Sold Out Game TAGS: consulting | deal | defects | glitch | lean | lean blitz | michigan | oversell | penn state | rework | scrap | student | ticketmaster | tickets | white out The opposite of having too much inventory you can’t sell is selling inventory you don’t have and confirming orders you cannot fulfill. Both can be equally costly – inventory absorbs …Continue reading →

Toyota Way Principle #1 TAGS: athlete | authors | baseball | basketball | blitz | business | coach | continuous | crean | david | games | goals | hoosiers | improvement | indiana | jeffrey | kelvin | kentucky | lean | liker | long-term | meier | ncaa | operations | organization | patrons | philosophy | principles | process | sampson | savings | short-term | six sigma | sixteen | sponsors | sports | student | sweet | tickets | time | tom | tournament | toyota | university | value | visual | way Yesterday we brought forth a bit of a visual depiction of what lean is and how it can impact a small business or sports organization. Hopefully we demonstrated the level …Continue reading →

Time – The Non-Renewable Resource TAGS: china | cost savings | currency | democratic | efficiency | england | india | lean | marion barber | queen | savings | somalia | student | time | time savings | universal | value adding | waste The most important type of savings provided by lean implementation? It’s not money, it’s not people. It’s time. Time is the ultimate non-renewable natural resource. Once a second has passed, …Continue reading →