During the times of plenty, any idea or management system can be successful. It is during rough times like the present economic environment, that excellent corporations stand out and gobble up the market shares of others who lose out. What makes these companies thrive when others were just barely trying…
The objective of every company is to deliver goods and services to its customers. In doing so, materials must be purchased and made available for production. A certain level of inventory becomes necessary, especially that the materials are imported or the suppliers cannot deliver “just-in-time”. The Lean Inventory System seminar…
An effective manager is also a leader of his/her people. Leadership is a trait that a person is not born with but which can be acquired through training and experience. It is characterized by appropriate use of power, understanding human nature, and ability to motivate and inspire people to attain…
Kaizen or Continuous Improvement is the secret behind the success of globally competitive corporations. It is what brought Toyota to be the world’s number 1 automaker. Kaizen is not a thoughtless improvement but a well organized/orchestrated approach initiated from the top rather than from the bottom. Kaizen is also a…
When people hear JIT, what comes to mind is zero inventory and that it is impossible to implement if raw materials are imported. Don’t believe this for a minute because what Just-in-Time (JIT) really means is producing only the required quantity of the customer through a system that assures delivery…
