Remove Innovation Remove Lean Remove Technical Review Remove Transportation
article thumbnail

How to Calculate Manufacturing Cycle Time (Formula Included)

ProjectManager.com

People may confuse cycle time with takt time and lead time, which we’ll define and differentiate a bit later, but all are key metrics in manufacturing, especially lean manufacturing. Lean manufacturing is a process with the goal of minimizing waste and maximizing productivity in the manufacturing process.

article thumbnail

Six Sigma: A Simple Guide for Project Managers

ProjectManager.com

There has been some backlash against Six Sigma over the recent years, some of which is warranted and will be discussed, but overall the process proves a valuable tool in reducing defects in product manufacturing, especially when paired with Agile thinking, lean manufacturing and capable project management tools. Lean Six Sigma.

Lean 417
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Exploring Lean Manufacturing: Principles and Benefits

Wrike

Lean Manufacturing is a methodology that aims to streamline business operations and eliminate waste in order to achieve maximum efficiency and productivity. In this article, we will dive deep into the principles, benefits, and challenges of implementing Lean Manufacturing.

article thumbnail

The Perfect Storm for The Project Economy

Leading Answers

These three trends are: 1) Accelerating rates of technology adoption. Eric Ries documented his lean startup methodology in 2008 as a way for organizations to adapt and experiment with new ideas and perform market tests. Access to power and less expensive technology also brings connectivity. It could already be happening.

article thumbnail

Understanding Muda, Mura, Muri for Waste Reduction in Business

Wrike

Introduction to Muda, Mura, Muri Muda, Mura, and Muri are concepts rooted in the Toyota Production System, also known as Lean Manufacturing. The seven different categories are as follows: Transportation waste: Unnecessary movement or transportation of goods or information.

article thumbnail

The Complete Guide to Six Sigma Methodology

Wrike

In this article, we’ll explain what the Six Sigma methodology is, how lean Six Sigma principles differ, and how Six Sigma project management can help boost your organization’s process efficiency and quality. A look at the lean Six Sigma principles. Transportation. Six Sigma explained. Overproduction. Non-utilized talent.

Lean 78
article thumbnail

Operations vs. Strategy: Balancing Execution and Planning in Business

Wrike

This includes managing inventory levels, transportation, and distribution. This requires ongoing analysis and evaluation of the business environment, as well as a willingness to take risks and innovate. This balance also fosters innovation and adaptability, allowing the company to respond to changing market conditions.