THEME: Why do this? An abbreviated view of how to do it A recent article in Bloomberg/Business Week (Dec 10-16, 2012) interview by Josh Tyrangiel of Apple's CEO Tim Cook noted a key point in business practice/philosophy: "There are always things unknowable - if we are finding zero issues, our performance bar is in the wrong place" WHY THINK THIS WAY? You need to improve - it must be a way of business performance in all areas People, knowkedge, & technology/information There is a need to understand your business performance attitude (Change it or Perish) HOW? (An abbreviated view) Understand Value Analysis Identify your Competitive Advantage (Quality, Availability, Flexibility, Cost) Tool to employ (System Audit) Practice Need a champion/advocate Establish measurements Use …
Reducing Cost Through via Common Sense
Competitive advantage is driven by cost reduction. However, cost reduction is a by-product of the efforts to improve quality and reduce time of availability. Reducing manufacturing changeover time (setup reduction -SMED) accomplishes this. It provides the benefits of quality and time reduction while developing flexibility to respond to customer changes. How well are you doing this? What kind of insight and advantage are you giving your customers? Understand what are the tasks to do this. Contact the author for more direction in this area! Mike Gozzo …
Continuation of Supplier Development
In order to gain cooperation with the supplier, the key point is to look at your improvement objective in the eyes of the supplier - "Why should I do this"? "What's in it for me"? The intent is to bring value to the supplier as well as the customer - both to win/gain! GAIN WHAT - reduction in cost! How do we do this? There are tools/methods such as: SMED - Single Minute Exchange of Die - How does help? VMI - Vendor Managed Inventory Who is using such inconcert with your suppliers? We will explore each on future blogs - please provide your comments both supportive or otherwise! …
Continuous Improvement – Supplier Development
Continuous Improvement (CI) is a driving force in business. However, how do we go about obtaining such from our Suppliers? What do we, as customers, do to define such to our suppliers - the expectations of improved quality, delivery service, and cost reduction? What is done to aide the supplier in the pursuit of CI? What steps can we take to ensure we are the track to improving our performance via compliance of our suppliers? …
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Practical Learning – Product Realization Certificate Program
Are you involved in development and release of new products? Do you need to stay current with the latest product development practices? Could you use an edge to get back into the job market? If so The Product Realization Certificate Program can help. An overview of the content and schedule can be found at the link below. http://bit.ly/91t3mK or go to the Product Realization Group website www.productrealizationgroup.com and view the EVENTS section for this and other opportunities. …
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