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Navigating Turnaround Time in Process Management
TAT is how long a process takes to finish from beginning to end. This includes wasted time, and time spent waiting for ...
This column will introduce a lead-time metric that has seen 20 years of successful application in industry and fits-to-a-T what is needed for Next Generation Lean. This inclusion of suppliers and ...
According to Jeffery Liker’s book, The Toyota Way, it’s estimated that most business processes are 90% waste and 10% value-added work. Value-added activities in a process are considered those that ...
isixsigma on MSN
Process Time vs. Cycle Time: What’s the Difference?
Process time vs. cycle time is a discussion that comes up often for newcomers to Six Sigma. Understanding these principles ...
If you are in the accounting department in a lean manufacturing company, and your company uses a standard costing system, it is inevitable that the you will be faced with dealing how your standard ...
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