Lean Manufacturing Waste Examples Lean manufacturing concentrates on creating more value for the customers and at the same time making use of less resources. This is a win-win scenario for both – the manufacturing business and the customer. Lean manufacturing operations continuously recognize places to eliminate extra activities through the entire value chain of the … Read more
Reports for Manufacturing Company: You will find two major forms of reports for manufacturing company. Reports which are helpful to management in a manufacturing company – business specific decision making reports and official reports. Useful reports for manufacturing may be divided even more in to informative reports and analysis or KPI / metrics manufacturing reports. … Read more
Ways to Cut Manufacturing Fixed Costs: How to Cut Manufacturing Fixed Costs: Manufacturing fixed costs usually do not change with regards to the number of items are manufactured. These types of costs consist of lease, insurance coverage, management wages, financial loan repayments, machines procurement as well as financial charges. Labeling these kinds of … Read more
Total Quality Management for Strategic Plan Development and Implementation Total Quality Management or TQM offers a company the various tools to achieve a new competitive advantage within the market. TQM concentrates the actual company objectives on the approach to quality and achieving the requirements from the consumer. Strategic planning is really a instrument … Read more
August has been an interesting month on Mr Dashboard. But don’t worry, there’s much more to come in the coming months. It’s the mid-point of August, which means summer will soon be over. Here’s our weekly round-up. There’s bound to be something you missed- or something you want to read all over again- so … Read more
With the summer all but over, it’ll soon be winter, which soon means a new year. To get ahead of your competition it’s important to be one step ahead. That means it’s time to start looking at key adjustments to make now- and in 2017- that’ll see your success soar like never before. Whether … Read more
Allocating Manufacturing Overhead Costs plus ABC Costing Examples and Templates How To Allocate Production Overhead Costs: Under the recognized accounting concepts or GAAP – production overhead should be allocated to every unit created. Production overhead is costs that are associated with the production of goods that cannot be instantly allocated to specific unit or product. … Read more
How to Use Lean Manufacturing And Six Sigma Manufacturing Approaches.. Lean manufacturing and six sigma are techniques to minimize costs and make improvements to quality in production. Even though lean manufacturing and six sigma will be preferably ideal for production, those methods could be used over an array of market sectors, such as healthcare management … Read more
It’s a brand new month, August is here. How did our July tips help your business? We have much more coming your way this month, but don’t worry, if you missed anything we put online recently, you can catch up with it here with Mr Dashboard Weekly. Whether you’re looking to find sustainable … Read more