Lead time is the total duration from starting a process to its conclusion. When applied to supply chain management, it refers to how long it takes from when an order is placed to when it reaches its final destination. This process includes all stages such as...
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...
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...
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...
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...
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