I enjoy reading business novels and fondly remember my first read of “The Goal” by Eliyahu Goldratt.  I also had the pleasure of reading another book titled “Velocity:  Combining Lean, Six Sigma, and the Theory of Constraints to Achieve Breakthrough Performance – A Business Novel” by Dee Jacob, Suzan Bergland, and Jeff Cox.  This book is a natural extension of “The Goal” […]
Business Novels: The Next Best Thing To Reality
How Effective is Your Problem Solving?
Background Of the many metrics that we use to manage our businesses, one area that is seldom measured is the effectiveness of the problem solving process itself. Â We often engage a variety of problem solving tools such as 5-Why, Fishbone Diagrams, Fault Trees, Design of Experiments (DOE), or other forms of Statistical Analysis in our attempts to find an effective […]
OEE and Capacity Management
Capacity – Available or Required? From a scheduling perspective it is very easy to determine how much capacity (or time) will be required to manufacture a minimum quantity of parts. However, it is not just a matter of multiplying the Standard Cycle Time by the Quantity of Parts and dividing by the part or process OEE %. As you may recall, the availability component of […]