Complex work processes slow productivity and increase the potential for mistakes. By simplifying the procedures in your company, you make more efficient use of time, which in turn saves the company ...

According to Jeffery Liker’s book, The Toyota Way, it’s estimated that most business processes are 90% waste and 10% value-added work. Value-added activities in a process are considered those that ...

Work-in-process inventory refers to the partially completed materials within a production line. According to the team at Accounting Tools, this term considers the cost of raw materials, direct labor ...

There are best practices, standard operating procedures and several types of processes in the business world. Processes help maintain order and provide guidelines for a smooth workflow. They are what ...

More than a third of the businesses using RFID are doing so to improve the cost, safety and reliability of managing work-in-process (WIP), according to a study released by the Aberdeen Group, a market ...

EDUCATION: B.S. in computer engineering, University of Central Florida When Ben Little is not at his office at the Program Executive Office for Simulation, Training and Instrumentation (PEO STRI), you ...

Forbes contributors publish independent expert analyses and insights. Dr. Tracy Brower writes about joy, community and the future of work. Agile has always been a super-effective way to work, but the ...

If Boeing’s latest plan succeeds, a single mishandled job will have prompted some of the manufacturer’s most fundamental production-line process changes in decades. That job was supposed to have fixed ...