"If you’re stuck on where to improve, consider the acronym TIMWOOD, which is used to help remember the seven classic wastes of lean (transportation, inventory, motion, waiting, overprocessing, ...

It is imperative to predict or at least know the quantified financial benefit of the Lean Journey. Often, firms can show improvement in terms of cycle times and setup times, but the expression and ...

As great as advances in surgical instrumentation are, the complexity of these devices can add to surgical risk and increase burden on operating room supply chain, according to a study published in ...

Lean principles have proved incredibly effective for future-proofing organizations from wasting resources. Though the philosophy originated in manufacturing, its adaptability has made it essential for ...

We quite often get calls, or find ourselves in a conversation where somebody is inevitably asking, “What’s the leanest way to lay out my factory”? This is always a delicate subject because it is ...

Lean Six Sigma is a structured, data-driven approach to quality and waste reduction that integrates seamlessly with Agile, ...

In today's business environment, each department of an organization has to balance various important tasks with increasingly limited resources. For example, as the chief operating and financial ...

Colin Parris is CTO & SVP of GE Digital, a global leader in digital technology and empowering digital transformation efforts at scale. As you refine your business strategy for 2021, you may be asking ...

Opinions expressed by Entrepreneur contributors are their own. Lean is good. Fat is bad. Right? Maybe not. Ask the polar bear if he doesn’t store fat, how would he survive the winter? This furry ...

The distribution industry has always tried to be at the leading edge of technological innovation. However, technology, at best, will keep an industry at par with national averages with respect to ...

Editor's Note: Carl Livesay will be speaking on the topic of sustaining lean gains at the IndustryWeek Operations Leadership Summit, which will be held June 26-28 in Indianapolis. There are many ...