A year ago Matrix decided it wanted to dramatically Improve: Process. Performance. Productivity. Profits Reduce: Waste. Defects. Costs. LEAN Transformation journey commenced. The company is well on its way to achieve the objectives that it set out to under the expert guidance of The Idea Smith. What’s your strategy to cut flab, eliminate Waste, become […]

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For better or worse, the landscape of regulations influences much of what goes on in manufacturing and industrial environments. Whether regulations are created to ensure product or process safety, drive improvements in environmental performance, or reduce the risk of adverse events, one consistency tends to be that they’re becoming increasingly complex and demanding. The fact […]

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A Quick Changeover reduction initiative can be performed through a larger Lean Six Sigma project following the DMAIC roadmap or through a series of smaller and focused Kaizen events. While every Quick Changeover reduction initiative needs to be customized to the specific situation, most initiatives follow the seven basic steps described below. 1. Observe the […]

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No matter how much people know better, no matter how much “lean” training and no matter how many Goldratt books management has read the sad truth is that it is all forgotten when the decree comes down from above to lower costs. They forget about long term impacts and immediately go to where they can […]

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Cost Center Accounting is a method of keeping track of the costs with a “cost center”. The company is set up into a large series of independent cost centers that are budgeted annually and the actual expenses tracked and compared to budget. In traditional companies a cost center will generally equate to a department. The […]

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Blend the principles of flow, queues, theory of constraints, Lean, and Six Sigma to concoct a very powerful message that I have come to believe over the years: ‘You’ve got more capacity than you think! Use existing capacity to do more The Kanban Way.   The hardest thing about implementing the Kanban is the paradigm […]

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We at The Ideasmith are stoked for the MAKE IN INDIA   campaign The prime minister of India, days before his visit to America, launched the “Make in India” campaign, to welcome domestic and international investors to create employment opportunities and lead the country towards economic growth. In order to make India a manufacturing hub, an […]

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Productivity is a big buzzword in the world today, and companies are always looking for ways to increase productivity through their employees. One effective way to increase productivity is for employers to look at creating high performance teams within their organizations, instead of focusing on individual productivity. Team success isn’t inevitable. Leaders who monitor and […]

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Can you save money through increasing efficiency? Can you increase revenues and growth through a more effective organization and way of working? International studies show that many companies have quality non-conformity costs or internal wastage of time and money equating to 10-15% of turnover. Our experience from efficiency projects in both the private and public […]

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Britons are normally never more comfortable than when talking about the weather, but recent extreme weather events have began to test that theory. Since December, the United Kingdom has faced a relentless assault from some of the worst winter weather on record. It began with the worst storm and tidal surges in 60 years hitting […]

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