Have you ever wondered where all the overhead in your business is coming from? Transaction costs might be to blame, but luckily there are things you can do to minimize these. Lean methodology holds the keys to reducing the most readily addressable issues affecting transaction costs in your business.

Value stream mapping seems like a cryptic artificial constraint to the outsider, but it can actually be a powerful tool for your business. If you get past seeing this as a documentation exercise and explore the possibilities it exposes for operational improvements, you’ll see how a value stream map is worth your time.

In this blog, we’ll provide a solution to a common problem across all industries: insufficient standardization, leading to quality issues and inconsistent throughput rates.

Want a real challenge? I challenge you to find a factory with more than 20 people that doesn’t at least try to apply 5S.

While piecework is not as common as it used to be, perhaps you’re wondering if it would work in your business. For Lean practitioners especially, it’s important to consider how this would impact the culture of your workplace. Will workers still function as teams? Will productivity change?