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    Kanban method

    You have probably heard of lean manufacturing, but have you heard of the Kanban Method? Finsmes said, "When it was first introduced, the Kanban method was broken down into three steps, which were “requested”, “in progress”, and “done”. All points of the manufacturing and business process had to fit into one of these columns to truly be lean. If it strayed from these columns, then it wasn’t a lean measure." This can be a good option for some manufacturing business trying to implement a lean strategy!

    Recommended ReadHow to Implement Lean Principles in Your BusinessSource: http://www.finsmes.com

    Small businesses are faced with some very specific obstacles and challenges, especially as they work to expand and really grow the business. Unlike with large companies, there isn’t usually the staff to take on all kinds of added duties, and all it takes is for a few people to be off sick or taking annual leave to have things grinding to a halt. Clearly, this isn’t good for business, and customers certainly aren’t going to sit around and wait until the business is back to full staff capacity. This is exactly why, as a business owner, it’s important to think ahead and figure out how you can make the most of the resources you have and really implement a plan that allows the business to grow and be successful. For many companies, the answer is to turn to lean principles and techniques. Lean principals are nothing new, as they were originally introduced in the late 1940s by the Toyota Production System. It didn’t take long for other businesses to take notice and start to recognize the benefits of this approach. Read More

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