Posted on : September 7, 2016
Views : 90
Category : Operations
Georgia Tech Supply Chain & Logistics Institute (GTSCL). How to maximize employee engagement toward C-level goals, how the work inside of an organization can connect to C-level targets, and how to maximize value at the lowest cost with respect for employees.
- Specify ‘value’, from the standpoint of the customer.
- Identify all steps in the value stream, eliminating those steps that do not create value.
- Run the ‘value steps’ in tight sequence, so the product flows smoothly towards the customer.
- As flow is introduced, let customers ‘pull’ value from the next upstream activity.
- Start again. Continue honing the process until a state of perfection is reached in which value is created with no waste.
Five guiding principles
- Involve people: engage colleagues to improve continuously through waste elimination and problem solving.
- Build in quality: engineer processes to make them mistake-proof, thus preventing errors before they happen.
- Reduce lead times: establish a continuous flow of materials, equipment and process such that products are pulled through the supply chain at the right place, the right time and in the right quantity.
- Standardize: document the best practices and make sure they are followed.
- Improve continuously: no matter how good a process seems, there’s always room to improve it. Your competitors are working on it.