Archive for Waste

Balancing Waste

Nov 25 2014

Anyone who has worked in Lean or anywhere near it will be familiar with the seven wastes; Transportation, Inventory, Motion, Waiting, Over-production, Over-processing & Defects (TIMWOOD). One of the things that I see people forget or ignore is the fact […]

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November 25, 2014 - (0) comments - Change, Lean, Systems Thinking, Waste

Switching Costs

Sep 24 2013

We’ve probably all heard the term switching costs in reference to changing your bank, utility supplier or phone service provider. It’s been in the news lately with the new agreement on changing banks. This cost applies in your processes as […]

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September 24, 2013 - (0) comments - Lean, Waste