newsletter archive.
(Previously published under the title Extreme Profits
under ISSN 1925-8941)
Too much is bad for business, balancing act
Office processes are often neglected, yet account for more than half the lead-time in many companies and can account for more than 25 percent of the cost of goods sold. In offices, an absence of measurement for processing activities or a lack of appreciation for the impact and benefits of lead-time reduction contribute to waste. Of these wastes, overproduction is significant.