Jun 29 2018
What Is Cost?
Costs are the object of heated arguments when working to improve manufacturing operations, with participants assuming that the notion of cost itself is self-evident while, in fact, they understand it differently and talk past each other. This is an attempt to bring some clarity to the subject.
Dec 7 2020
More About VSMs From Jeffrey Liker
Thanks to Jeffrey Liker for providing additional details on the transformation of this tool. Initially, Toyota used it occasionally with suppliers. The Lean Enterprise Institute (LEI) turned it into the Value Stream Maps (VSM) that it has promoted as foundational to Lean.
Continue reading…
Share this:
Like this:
By Michel Baudin • Management • 4 • Tags: Information Flow, Lean, Marerials and Information Flow, Material Flow, MIFA, MIFD, TPS, VSM