Abstract

How many products hit the market and are too expensive, too big, don't have the desired features or take too long to develop?

Lean is a Process Improvement Tool to reduce waste in organizations. Few processes cross over as many different departments in a company as product development. Product development can include hard-goods, software or new services. As the efforts cross marketing, research, engineering, purchasing, operations and sales there are numerous opportunities for the product development effort to stall or reverse direction. This can be due budget problems becoming visible; product definition being rushed and/or the operational problems.

7 Secrets to Writing Inventory Procedures
by Chris Anderson

With $1 Million would you:
Pay off debt?
Purchase new equipment?
Invest/save for the future?
Give yourself a bonus?

What do you and your business need that you have been putting off because you don’t have the money today? $1,000,000 certainly would fill those needs. But where do you find 1 Million just lying around your business right now? Well, you probably have $250,000 in each of four areas in your everyday business, and you don’t even realize it.