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10 results for "WIP"

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  • Lean Mind

    Hi All, today , during my travel from the house to the work I reflected on something that I always reputed as a my limit, I have not a big memory !! Reflecting now I think that fortunately it is not a limit but it is an advantage and with this post I try to explain the reasons. How many memori...

    Tags: just in time, inventory, WIP, lean mind, lean manufacturing

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  • The Importance of Managing WIP in Business

    Work In Progress (WIP) – sometimes also referred to as Work in Process – refers to any work within a business process which has been started but is not yet complete. It is fairly obvious that any work only offers value to a company or its customers once it has been completed. With thi...

    Tags: Business, controlling wip, kanban, kanban board, kanban system, manage wip, management of wip, WIP, WIP limit, work in process, work in progress

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  • 3 Techniques to Reduce WIP (Work in Process) in Manufacturing

    Work in Process (WIP), in some cases also referred to as Work in Progess, refers to inventory which has entered the manufacturing process, is no longer part of the inventory of raw materials, but is not yet a complete product. Within an organizational balance sheet, WIP is placed in the assets ca...

    Tags: Business, reducing wip, reduction of wip, WIP, wip levels, work in prograss

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  • 5 Practical Examples of Work in Process

    In manufacturing, Work in Process (WIP) – also referred to as Work in Progress – is a category of inventory that consists of unfinished items which still require further assembly, processing or inspection to turn them into finished goods ready for delivery to the customer. This term o...

    Tags: Business, manufacturer, manufacturing, WIP

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  • Littles Law (Gesetz von Little) in the group Lean Six Sigma Deutschland

    Littles Law, auch als Gesetz von Little bezeichnet, ist eine wichtige Grundlage von Lean Six Sigma und gleichzeitig Basis der Warteschlangentheorie. Littles Law wurde 1961 von John D. C. Little formuliert und bewiesen. Das Gesetz von Little besagt im Original, dass d...

    Tags: LEAN SIX SIGMA, Analyze, Durchlaufzeit, Improve, Littles Law, Warteschlangentheorie, WIP

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  • How to identify the constraint of a system? Part 3

    Inventories and Work In Progress (WIP) can be helpful clues to visually identify the bottleneck or constraint in a process, but they can also be insufficient or even misleading as I explained in part 2 of this series. It is often also necessary to study material and parts routes to really underst...

    Tags: Theory of Constraints, A-plant, bottleneck, constraint, Economic Order Quantity, inventory, misallocation, T-plant, Throughput, V-plant, WIP

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  • What Are the Principles of Kanban and Why Do They Work?

    What Are the Principles of Kanban and Why Do They Work? Kanban is both one of the simplest and most efficient tools to manage workflow in a visual way. It’s one of the important tools used in more complex process improvement methodologies (such as Lean), and its wide-spread adoption is a te...

    Tags: Kanban, Lean Manufacturing, approach, continuous improvement, flow, kanban, kanban board, kanban implementation, principles of kanban, productivity, visualize, WIP, WIP limitation, work in progress, workflow

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  • ProjectManagementParadise Podcast Up

    Johnny Beirne over at projectmanagementparadise podcast interviewed me, specifically about my post, Visualize Your Work So You Can Say No. See Episode 38: “How to visualise your work so that you can say no” with Johanna Rothman. Hope you enjoy it!Original: http://www.jrothman.com/mpd/...

    Tags: MPD, portfolio management, kanban, podcast, WIP

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  • How to identify the constraint of a system? Part 2

    When trying to find the system’s constraint, why not simply asking the middle management? At least when Theory of Constraint was young, our world spinning slower and processes simpler, the foremen usually had a common sense understanding of their bottleneck. They knew what machine to l...

    Tags: Theory of Constraints, bottleneck, constraint, fifo, inventory, WIP

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  • 3 Ways to Achieve Lean and Kanban Flow Efficiency

    There are 14 principles in lean thinking, with flow being one of the most important. In an organizational context, flow is used to refer to how smoothly work flows through a system. ‘Good’ flow occurs in a system in which work moves from step to step in a steady and predictable manne...

    Tags: Business, lean thinking, organization, WIP, work flow

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