by Teresa Young | Jul 27, 2020 | Articles
When I ask fabrication owners or managers: How do you improve profit? – the most common answer is: Reduce cost. Next I ask: What costs do you try to reduce? Answers will include: – Negotiate a lower price for raw materials and supplies – Keep...
by Teresa Young | Jul 21, 2020 | Uncategorized
Situation SolidTops had a profitable business but was struggling with customer satisfaction due to long lead times and unpredictable installation dates. These challenges were the primary barriers to taking their $6M business to new heights. The...
by Teresa Young | Jul 14, 2020 | Articles
Short lead times are a tremendous competitive advantage. Lower work-in-process (WIP) inventories directly correlate with short lead times. Some approaches push for one-piece flow to drive the lowest WIP possible and to generate the shortest lead times possible –...
by Teresa Young | Jul 1, 2020 | Articles
Production managers attack bottlenecks. Since a bottleneck in the flow of a fabrication process limits the output of that process, breaking bottlenecks is an effective way to increase output. Breaking a bottleneck usually requires focusing on that process step. ...
by Teresa Young | Jun 27, 2020 | Articles
It seems everyone is struggling with this issue. In a growing economy, growth in jobs outstrips the supply of good labor. In addition to getting more creative in finding and attracting new employees, an often overlooked solution is getting more value from existing...
