It is imperative to predict or at least know the quantified financial benefit of the Lean Journey. Often, firms can show improvement in terms of cycle times and setup times, but the expression and ...

What Is Value Stream Mapping (VSM)? What is a value stream? A value stream represents the series of actions an organization takes to design, create, and deliver a product or service to its customers, ...

Lean manufacturing can help put many medical device companies on the path to increased profits and improved efficiency. The concept is simple—eliminate waste and enhance productivity. One of the most ...