Open Your Eyes to Overproduction Ben Hershey Part 5 in our TIMWOODS Series Piles and piles of production all around you. No, I am not talking about inventory, I am talking about WIP, finished goods/staged jobs—Overproduction. Overproduction is making products in too great a quantity or before actually needed, leading to excessive... Read More June 2017 Issue #10215 Page 48
Component Manufacturing a Cash Cow Division Todd Drummond In the wood truss component industry, we have the independents, who are not associated with lumberyards, and then we have those who are owned by lumberyards. What I found striking is that the lumberyard owned and operated component manufacturers (CMs) consistently make far less money than the... Read More March 2017 Issue #10212 Page 26
Transportation Waste is More Evident Than You Think Ben Hershey Part 2 in our TIMWOODS Series When we last left off in our series, I introduced you to my friend, TIM WOODS. TIM WOODS is actually an acronym for the eight deadly wastes (Transportation, Inventory, Motion, Waiting, Over-Processing, Over-Production, Defects, and Skills). While the acronym... Read More February 2017 Issue #10211 Page 44
Why Coaching is Important to Continuous Improvement Ben Hershey If you are like me, you spend the later part of the year setting goals for the coming year and planning how to accomplish them. For those who work for me, I always set goals, metrics, and participate in a conference on how we are going to achieve what we want together. Over the last few months,... Read More January 2017 Issue #10210 Page 67
Question of the Day: Organizational Self-Assessment and Critical Reflection Stan Sias Can organizational self-assessment and critical reflection help my business? Following-up on last month’s article, which garnered more comments than usual, I think that we should take a bit deeper dive into metal plate connected wood truss permanent bracing from “the... Read More July 2016 Issue #09204 Page 4
Continuous Improvement Ben Hershey Continuous Improvement – Success is achieved, not from the program, but from the mindset Theory of Constraints. The Houlihan Labor Method. Quick Response Manufacturing. Six Sigma. Lean. Total Productive Maintenance. Total Quality Management. The lexicon, tools, and methods... Read More July 2016 Issue #09204 Page 62