How to Implement Lean Thinking
Summary
By focusing on the constraint we can balance the flows within an organization and eliminate the harmful side effects (waste) that are occurring. The first event must have a respectable Return on Investment (ROI), alleviate a constraint and be completed fast (in days). We want to document the metrics used and important facts like cycle times, inventory turns, operational effectiveness measures and customer demand. Note all process interfaces and customer touch points and their waste production, introduction, or handling (automation or institutionalizing). With a first pass assessment complete, you are already working towards your position goals and learning to implement lean thinking.
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$1M to $5M