The Small Business Administration reports that only 5% of Small Business start-ups last more than 5 years. If you are already past that benchmark Congratulations. Of those that get past the 5 year mark, approximately half of those will fail. Which half will you be in? Small business fails for a number of …
Bob the Boss was a leader. Every day, without fail, unless he wasn’t at work, he walked around and said hello to the employees. Not much more than “hello” but he made a point of saying something. He knew that letting them see him where the work was being done was important. He knew that …
Managing Waste is done through a process called Velocity. Most often this involves Materials you use and keep in your inventory. However, you can also experience waste in Machines or Equipment, Manpower, or your actual workplace design. Materials and Inventory that are not at the right place at the right time in the right amounts …
Manage Waste Through Velocity and Give Yourself the Time and Profit You Want Read More »
Velocity Management in a Business is very easily a full-time job because Velocity concentrates on Cost Containment for the entire company so that as more jobs are taken on, and more are getting out the door quickly, on time to meet Customer demand, without more expense. The goal of Velocity is the process of producing …