What do your numbers mean? Joe Knight shows how Setpoint knows if we are profitable. Using Open Book Finances every week the numbers are reviewed by the employees to see where the company stands.
Open Book Finance - The Board
Project Management: The Balance of Time and Money
One of the main tasks of the project manager is to track the overall progress and profitability of the project by the total hours and cost of goods charged to the project compared to what…
Lean Systems and Waste Elimination
Waste elimination is one of the most effective ways to increase the profitability of any business. Processes either add value or they add waste to the production of a good or service.
Lean Automation vs. Not Lean
A look at lean automation vs not lean in a manufacturing operation. A look at SMED, Poka-Yokes, Self Diagnostics, Footprint, Portability, Access for Maintenance, Process Flow, Reducing WIP & Inventory, Visual Workspace & Ergonomics.
The Right Tool for the Job
Though tools are expensive, it’s important to use the proper tools for the job you are doing. If you don’t have the right tools you can run into many problems. Rounded off or stripped out…