“Converting a classic batch-and-queue production system to continuous flow with effective pull by the customer will double labor productivity all the way through the system (for direct, managerial, and technical workers, from raw materials to delivered product) while cutting production throughput times by 90 percent and reducing inventories in the system by 90 percent as well.” WayWellsCuttingMaterialsProductsPercentFlowLaborDirectWorkersProductionsCustomersProductivityClassicReducingRaw MaterialsConvertingInventoryQueues Author:James P. Womack
“In the first round of work simplification...you can reasonably expect a 30 to 50 percent reduction...To implement the actual simplification, you must question why each step is performed. Typically, you will find that many steps exist in your work flow for no good reason. Often they are there by tradition or because formal procedure ordains it, and nothing practical ordains it.” FirstsReasonStepsPercentTraditionFlowRoundsPracticalsFormalProceduresReductionSimplificationWork Flow Author:Andy Grove
“The Chinese economy is growing at the rate of 9 percent; the Indian economy growing at the rate of 8 percent - enormous I think opportunities for two-way flow of trade, technology and investment.” ThinkingWayTwoOpportunityTechnologyEconomyGrowingPercentFlowTradeInvestmentRateEnormousChineseIndianTwo Ways Author:Manmohan Singh
“More than 60 percent of small businesses face payment delays. That can cause a serious cash flow crisis. So, as president, I will explore new ways to arm small businesses with the tools to fight back and level the playing field.” WayFacesFightingCausesPresidentLevelsFieldsSeriousArmsPercentFlowToolsCrisisCashNew WaysDelaySmall BusinessPaymentPlaying FieldsCash Flow Author:Hillary Clinton