Many Managers and leaders ask this question, “When do I know its time to automate a Process?” The simplest answer is that automation of a process is critical when the well-being of your employees is being impaired, too much time is spent on manual input and putting out fires; and less time is dedicated toContinue reading “When to Automate a Process”
Tag Archives: business tip
Lean Wednesday Tip: Maxing out Asset Depreciation Deductions
“If you max out asset depreciation deductions and have written it off 100%, it is best to donate it to reduce income taxes.”
E.O.W (End of the Week) Notable Tip: Aligning product success metrics with customer priorities and strategic goals
Happy Friday! I hope you had a great week. This week’s Notable Tip is focused on the development of valuable and critical product KPI metrics. If you are not measuring and monitoring the most important metrics of your product’s performance progress then you are missing valuable insights that can help you optimize your product. BelowContinue reading “E.O.W (End of the Week) Notable Tip: Aligning product success metrics with customer priorities and strategic goals”
Lean Wednesday Tip: Client Relations
“Never let a client treat your employees badly and if such incident does occur fire the client immediately. It is of most importance that the clients you work with have cultures that naturally sync with yours. A sale is never worth the mistreatment of your employees.”
IT Asset Management Checklist
It is important that you are periodically auditing and logging critical IT assets for the purpose of minimizing security, conduct and financial risks. Below I have noted the most important assets that should be properly logged and have auditable documentation. IT ASSET MANAGEMENT CHECKLIST: Hardware and Software computer user, UPC, location, model number, et ceteraContinue reading “IT Asset Management Checklist”
Lean Wednesday Tip: Accounts Payable Performance
“By encouraging your A/P team to report and make critical department KPI metrics visual, such as, process cycle time, activity lead times, and cost per invoice with industry and competitor comparisons you realize the opportunity to reduce costs, increase productivity and streamline processes.”
How to stop Freight Charges from eating away at profits
The shipping and delivery cycle time race amongst valuable brands like Amazon and Walmart is a fierce one. Many parcel companies like UPS and FedEx may offer discounted rates for delivering on time but the real question is, “Are they actually delivering on time?” By implementing effective visual internal controls, your company’s accounts payable teamContinue reading “How to stop Freight Charges from eating away at profits”
Preventing Process Failure with FMEA (Failure Modes & Effects Analysis)
FMEA (Failure Modes & Effects Analysis) is a Lean Six Sigma technique for identifying both the ways that a product, part, process or service can fail and the effects of those failures.Once these failure modes are identified, they are rated by the severity of their effects and failure probability. This is critical to the designContinue reading “Preventing Process Failure with FMEA (Failure Modes & Effects Analysis)”
Lean Wednesday Tip: Customer Focused Process Improvement
“Effective Lean organizations study their processes from their customer’s point of view and align their processes to meet their customers’ needs the first time and every time.” – Donna Summers
Paid Tier Subscriptions based on consumer cooking levels can drive growth for Cooking Delivery Services
Cooking delivery services offer customers the convenience and adventure of trying new meals right at home. However, the offerings are very similar amongst all mayor players like Blue Apron, Plated and Marley Spoon. Fresh packaged ingredients, serving plans and delicious recipes is the main offering package. Blue Apron offers a wine subscription delivery plan andContinue reading “Paid Tier Subscriptions based on consumer cooking levels can drive growth for Cooking Delivery Services”
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