The combination of Lean Management techniques and industry 4.0 technologies has the potential to revolutionize operations in any sector. While Lean Practices have already brought operational improvements for many years, the arrival of advanced analytics, AI, and connected equipment has further enhanced productivity, flexibility, resilience, and sustainability.
No business or organization exists in a vacuum, but instead each one operates in a complex physical, social and governmental environment in which everything they do can have both positive and negative impacts. The process known as ESG, which stands for environment, social, and governance, is a templated approach to evaluating business operations according to those three criteria, looking at success not just as profit and shareholder return but in how the organization is functioning within the wider environmental, social, ethical, and regulatory ecosystem.
The success of an airline or other fleet operator such as the military, requires having as many planes as possible in full operation. A plane grounded for repair is a plane that’s not bringing in money – and a plane that’s taking up space in a hangar or repair facility. For these reasons, airlines and other fleet operators are turning a critical eye on their maintenance and repair operations, looking for ways to cut costs while getting planes back in the air faster and more safely.
S&OP is gaining attention among organizations eager to implement powerful tactical management processes to help them succeed while navigating a rapidly changing business landscape. Short for Sales and Operations Planning, S&OP is an integrated business management process that aligns all facets of an organization to their key market goals, synchronizing them and allowing the organization to react with agility to changes in the market. Through S&OP, the executive/leadership team achieves continuous focus and alignment among all functions of the organization, increasing flexibility and responsiveness.
Lean in the F&B industry aims to increase the efficiency of processes, reduces stock and the cost of the supply chain. In the background, operations increases the freshness of the products and ensures maximum seating, space and staff utilization by maintaining the best customer experience.
The mining industry is known for facing continual uncertainty and volatility, making it imperative for mining companies to identify and implement strategies for sustainable cost reduction and operational efficiency in order to maintain healthy profitability and reduce risk. As such, it’s no surprise that the principles of Lean Management are being increasingly adopted by companies throughout the industry.
Today’s health care landscape is increasingly complex and rapidly evolving, challenging providers to improve quality and efficiency while simultaneously controlling costs and bolstering profitability. Lean management principles can provide a springboard for success by creating maximum value for patients. Here we explore the key ways in which Lean management can generate sustainable results for health care businesses.
04/20
Partnership will focus on improving performance of customs’ core activities to enhance customer experience
08/19
Four Principles and Nesma Holding announced the launch of a new partnership to implement a Lean Culture across Nesma Holding’snon-profit organization, Nesma Embroidery.