Inventory

Inventory is the collective term for finished goods that you intend to sell, and the components that go into those goods. Inventory is a necessary evil of production. Without inventory, nothing could be built, and nothing could be sold. But too much inventory drives up costs. Inventory must be stored, Read more…

Information Technology (IT)

Information technology (also known as IT) is the group primarily responsible for maintaining a company’s computer and communications systems. Information technology groups are also responsible for selecting, installing, updating, training, and troubleshooting the software systems in a company. Good Information technology groups see their big picture role in corporate strategy, Read more…

Intangibles

Many of the benefits of Lean are specific and tangible. Space savings, productivity gains, and inventory reduction all fall into this category. Some of the benefits of Lean, though, are intangible. They are the things that are not clearly perceptible. How can you define the impact of a focus on Read more…

Information

Information is the application of data in context. Information also has the element that it can be acted upon. The weight of an elephant, for example, is a piece of data. Knowing if a bridge is strong enough for that elephant to cross is information. Information can be costly to Read more…

Intelligence

Intelligence is one of the many facets of “smartness”. Intelligence is the capacity to learn, but it doesn’t always translate into actually possessing knowledge. Having the capacity to learn does not mean that one has actually learned. Intelligence is a highly valued trait in Lean, as continuous improvement works best Read more…

Initiative

Initiative is taking action on one’s own. It generally involves going above and beyond a typical job description or working outside of one’s functional area. Many bosses want employees to take more initiative, especially in Lean companies, but fail to establish some of the basic prerequisites. Trust: Employees have to Read more…

Indicators

Monitoring indicators give companies a sense of what is going on, or what is going to happen. An indicator is a signal that can be used to understand or predict a behavior of a person or system. A poker player has “tells”. By identifying and monitoring those indicators, his opponents Read more…

Intermittent Problems

Intermittent problems are simply ones that don’t occur every time a process is performed. The inconsistency with which intermittent problems present makes them extremely hard to resolve. The most common form of intermittent problem is the computer glitch. Something happens once, and then the problem goes away for a while. Read more…

Inputs

Inputs are the factors that are necessary to complete a process. They may be environmental (heat, humidity), labor, material, or anything else that is required. Some inputs, though, are not intentional—the proverbial “flies in the ointment”. Controlling these inputs is critical to delivering high quality results from a process. Inputs Read more…

Improvements

Improvements are simply changes for the better. Lean and other continuous improvement philosophies all focus on using some sort of problem solving method to drive improvement. Improvements can range from new, better computer systems, to kaizen events, on down to moving a garbage can closer to the point of use. Read more…

Implementation

An implementation is simply the act of putting a plan into effect. It can also refer to a change in a strategy or a system. In continuous improvement, the term “implementation” commonly refers to Lean as a whole, or can mean implementing the system-based tools, such as pull, kanban, or Read more…