Gemba

Estimated reading time: 3 minutes Gemba (also spelt genba) is a Japanese term meaning “the real place.” In everyday contexts, Japanese police refer to a crime scene as gemba, and TV reporters often report live from gemba. In business, it refers to the...

Bottleneck

Estimated reading time: 3 minutes In manufacturing, a bottleneck is a point where the work slows down or becomes obstructed. This limits overall output. The main reasons for this include equipment failures, shortages of materials, or inefficient processes. It has a...

Impact Effort Chart

Table of contentsImpact Effort ChartComponents of the Impact Effort ChartQuadrants of the Impact Effort ChartBenefits of Using an Impact Effort ChartHow to Create an Impact Effort ChartCommon Mistakes to AvoidTips for Effective ImplementationConclusionRelated Articles...

Process Characterization

Table of contentsProcess CharacterizationThe Importance of Process CharacterizationKey ComponentsWhen to Use It?Benefits of Process CharacterizationConclusionRelated Articles: Estimated reading time: 5 minutes Process Characterization Process Characterization is a...

Voice of the Market

Table of contentsVoice of the MarketVoice of the Market vs. Market ResearchVoice of the Market:Market Research:Related Articles Estimated reading time: 3 minutes Voice of the Market The “Voice of the Market” refers to the collective opinion, preferences,...