Nov 11 2011

A new Buzzword COMMON SENSE

While I’m all for LEAN, SMED, JIT and all the buzz-words/multi-letter acronyms there’s an interesting argument for common sense. Continue Reading »

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Nov 11 2011

Total profit in four simple steps

Published by WJT Associates under management

I was in the owner’s office that overlooked the production floor where all the machines were making parts.  His comment was “Look at that, a money machine!”  Interesting.  When we got around to discussing why I was there; he was complaining about his minimal profits although his machines were busy.  And there’s the problem: are you making money or just running your machines? Here are four simple (inexpensive) steps to make money: Continue Reading »

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Sep 19 2011

Raising Prices

Published by WJT Associates under Blogroll, management

Recently I had a client who told me his customer wouldn’t accept the price increase due to increased materials costs.  Really?

Let’s give this a reality check – Your local gas station is raising prices almost on a daily basis. The phone company tells you they’re raising your rates. Do you call either of them up and tell them you “Won’t honor the price increase” but still demand their goods and services?  Nope.  If you do, then I won’t be able to call you in a couple weeks and you’ll soon be walking to wherever you go. Continue Reading »

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Sep 19 2011

DON’T FALL IN LOVE WITH STATISTICS

The Learned Gurus of statistics – Deming, Toyoda, Ishakawa, Duran, etc. all said statistics were valuable tools in manufacturing.  With the advent of computers and electronic spreadsheets; statistics jumped from the mind numbing practice of manual adding machines and complex calculations to electronic data gathering and instant answers with only a few keystrokes.  The Data Dogs came out of their closets and a whole new occupation (read another layer of infrastructure)  was born. Continue Reading »

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