by Christine | Apr 18, 2015 | Blog, Christine's Blog Posts, Management
DRIVERS OF INVENTORY Why should there be inventory in the process when we all want to be lean and live without inventory? Inventory can be used to shield us from the variability of demand. Inventory can also be used to shield us from the internal variability be it in...
by Christine | Apr 14, 2015 | Christine's Blog Posts, Management
Little’s Law states that, in any process, the average inventory is equal to the average flow rate times the average flow time. Now, unlike most other things are the equations in mathematics that I know that were proven by some ancient Greeks, Little’s Law is actually...
by Christine | Apr 14, 2015 | Christine's Blog Posts, Management
Labor productivity on your books, on your supplier’s books is absolutely critical in operations. Labor Utilization Cost of Direct Labor Either of these two measures is good or bad by itself. Labor utilization is more a measure of line belts. The cost of direct labor...
by Christine | Apr 13, 2015 | Christine's Blog Posts, Management
What I learned today from Dan Rockwell is how to create positive work environments in an office, or in an online community. These tips will work well in any group situation. I love improving myself, especially in becoming a good leader in my tiny work world. So here...
by Christine | Apr 11, 2015 | Christine's Blog Posts, Management
The three most important performance measures of an operation: Flow rate, also known as the through put – flow units going through the process per unit of time. The minimum between demand rate and process capacity. It captures the flow, meaning it captures how much...
