Group items tagged

Tips & Tricks for Efficiently Tracking Lean Projects Recently, we wrote about a couple of problems facing many Lean practitioners. These were problems that hindered their learning process and often caused overconfidence. Amongst the advice to help combat these problems arose the need for detailed tracking and note taking with regards to practice and progress. Being able to accurately track not only the effects but also the process of a Lean project is critical to ongoing success, and is a key to stimulating growth amongst not only the receiving end of your project objectives, but also amongst the employees and Lean practitioners themselves. To start off, let's take a look at the current state of Lean project tracking for many Lean practitioners. A recent LinkedIn discussion posed the very question of project tracking, and sought to understand a few different distinct metrics. In addition to measuring the effectiveness of any program when it comes to completion, tracking can also be about measuring the scope of your projects, so that you can accurately project what the effects will be before you actually reach the stage at which you expect them. Part of this "scope" involves tracking exactly who is involved with your project, who is affected, and how they are progressing in their respective tasks. Where we are now First of all, it's important to evaluate the current methods that are prevalent in Lean record keeping. The LinkedIn discussion starter, self-identified as Ian R., mentions in his opening post that, when he last posed the question about a year ago, the consensus was that most practitioners were simply using excel spreadsheets for their tracking needs. While there's nothing wrong with relying on Excel for the basics, other users were quick to offer up some slicker alternatives, signaling a sharp (and welcomed, in our book) departure from some of the more basic methods. Unsurprisingly, there exist several specialist software applications whose n

Summit Management Limited ("Summit") was established in 2009, is licensed by the Cayman Islands Monetary Authority ("CIMA") and is focused on the provision of independent directorship and support services to the alternative funds industry. Summit is led by a management team with considerable experience and expertise and are highly respected for delivering an efficient level of service. Our global client base is equally well respected and range from some of the largest financial institutions in the world to specialist boutique providers, a number of whom the management team have maintained relationships with for over two decades. We are relationship focused, working in a collaborate manner to provide an exceptional level of service. The management team has on average over 20 years' relevant experience and each team member is a registered director with the Cayman Islands Monetary Authority

Lean systems are meant for producing the best products and services with little or no wastage of various kinds of resources. Lean supply chain management purports to create a well designed supply chain management system where all the resources are effectively utilized. The people, processes, technologies and suppliers will be optimized at the beginning of the implementation and it will be an ongoing process. The best of the best features will be implemented and there will be no room for waste. Lean supply chain helps companies deliver high quality products quickly and efficiently. What is expected from lean supply chain management? In fact, lean supply chain management is a new way of thinking to understand the supplier networks. It is required to have cooperation with various suppliers and should be able to balance it with the competition present in the market. There is a great deviation between lean supply chain management and traditional methods. There will be less number of structures in lean model whereas they are more in traditional systems. Most of the lean supply chain management principles are derived from the basic lean principles. How companies will be benefited by the lean implementation? By implementing lean methods in a systematic way, companies will be benefited to the greatest possible extent. The winning business strategy realizes the importance of the relation between the supply chain management and the overall financial status of the company. By streamlining the supply chain management with all the other core aspects of the company, the business will emerge into a profitable enterprise and will be able to deliver cutting edge solutions. Strategy for lean supply chain management In order to implement the lean supply chain management in an effective manner, it is required to build the core infrastructure and should be collaborated internally and should be executed externally as well. The next step would be the selection of the right kind of

Back pain and injuries account for some of the most reported and most serious common workplace injuries worldwide. In fact, you'd be hard-pressed to find a country whose labor department doesn't dedicate pages of literature to both employers and employees solely on this topic. Loss of work days and productivity, lifelong injuries and disabilities, and short term discomfort are all common results of lower back-related incidents. According to an OSHA fact sheet, More than one million workers suffer back injuries each year, and back injuries account for one of every five workplace injuries or illnesses. Further, one-fourth of all compensation indemnity claims involve back injuries, costing industry billions of dollars on top of the pain and suffering borne by employees. okstate.edu - OSHA Fact Sheet While employers have a responsibility to their workers to implement training programs that minimize injuries (and proactively improve the ergonomics of work-related tasks), employees also need to respect their own bodies and know their limits. This article will be broken up into several sections, each relating to specific aspect of lower back injuries in the workplace, with a primary focus on prevention. Anyone reading through should have a solid grasp on this all-too-common workplace plague by the end of their brief time here. Let's begin. Eliminate Back Injuries While we'll get to proper lifting technique and some employee-level suggestions in a minute, one of the best things employers can do is actually seek to eliminate lower back hazards from their workplace altogether; this is known as elimination - getting rid of risks period - and should be your first step in improving safety before moving on to prevention - mitigating risks that you and your workers have to live with in order for your business to function. Most lower back injuries are associated with lifting, and the most dangerous zones for humans are when lifted objects are below the knees or

Do you know, there are more apps like Instagram - socially interactive & collaborative? The opportunity to connect with millions of people by signing up at some social platform was once a DREAM! YouTube managers earn a lot of money by using YouTube as a marketplace. Similarly, Instagram is a fantastic platform for uploading, editing, and sharing photos and reels.