While Lean principles have been known and applied in a variety of manufacturing processes, the applications in product development have been slower to come. Several companies have also applied Lean to ...

Lean manufacturing and Six Sigma principals are used to improve processes and create efficiencies in the overall manufacturing process. Lean manufacturing is used to minimize waste, while saving costs ...

It is imperative to predict or at least know the quantified financial benefit of the Lean Journey. Often, firms can show improvement in terms of cycle times and setup times, but the expression and ...

Lean manufacturing is a production theory that emphasizes the elimination of waste in all forms. Resource expenditures that do not contribute to the value of a product are wasteful in a lean ...

Lean manufacturing isn't just a trendy concept; it's a strategic framework designed to streamline processes, slash costs and boost productivity. By minimizing waste and focusing on value-added ...

Matt Mong, VP Market Innovation at Adeaca, is the creator of the Project Business Automation category designed for project-based companies. For years the industrial sectors, no matter how specific and ...

Many business schools around the world claim their teaching and learning experiences are grounded in practice-based and industry-oriented philosophies. However, in my experience, it’s rare to see this ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Flowchart vs. process map, what do you choose to use? When it comes to mapping out a project, you’ve got several choices on how to visualize them. If you’ve had trouble deciding on a format for your ...