Layoffs

Layoffs, also called downsizing, are terminations of employees because of a lack of work. Layoffs pose a significant risk to Lean and other continuous improvement efforts. If employees get the idea that helping make improvements will cost them their jobs, then they will not want to make things better. Lean Read more…

Lead Time

In the most common definition, lead time is the time that elapses from when a customer places an order until the order is received. A variation on the definition of lead time looks at the time from when raw material arrives at a facility until the finished product ships. This Read more…