By Freddy Balle, Michael Balle
The Gold Mine: a singular of Lean Turnaround deftly weaves jointly the technical and human items of enforcing lean production in an interesting tale that readers will locate either compelling and instructive. Authors Freddy and Michael Ball? have produced the 1st built-in and systematic method of a collection of principles that experience maximized price and minimized waste in the course of the global. on the center of the Gold Mine is Bob Woods, a curmudgeonly sensei coaxed out of retirement by way of his son Mike to aid boyhood buddy Phil Jenkinson retailer his suffering corporation. regardless of incredible items and a backlog of orders, Phil’s corporation can't generate adequate money from its operations to pay its accounts. And so Mike enlists Bob to assist his friend repair this trouble. "You’re attempting to care for your mess as though it used to be a technical problem," Bob tells Phil. "Move this computer the following, swap this layout there, which it really is to a point, yet … it’s all approximately humans. you will have a management challenge not only a construction or company problem." As Phil starts to take on the most important demanding situations essential to enhance his company’s operations, he involves comprehend the deeper issues of lean. Readers also will draw robust insights from his trip. The Gold Mine provides all of the key lean rules, starting from recognized rules akin to pull and circulation, to lesser-known but both vital ideas similar to jidoka and heijunka. The e-book additionally unearths lean as a system—using a pragmatic tale to teach how the foundations are interrelated and the way they bring about helpful instruments resembling kanban or 5S.
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Additional resources for The Gold Mine: A Novel of Lean Turnaround
He’d just been on the phone to his dearly beloved, and the earful he got was not mixing well with last night’s drinks, adding to the sour look on his face. In the end, I think he just felt too ill to argue, and wasn’t quite up to going home. ” growled Dad as I was about to step aboard. “Hi, Dad,” I answered wryly, after nodding to the florid, red-faced man who lounged in the cockpit with a mug in his hand. My father, his back to us, was working careful strokes on the roof of the cabin. His friend wore a navy blue shirt and pressed chinos, very much the postcard yachtsman.
Now, over there,” Phil continued, “is our big innovation. We have three parallel lines specialized by products. The first line assembles the STR mechanism, incorporating the capsule. ” asked Dad. “One. m. m. m. And, of course, a short mid-morning and midday break. ” “Matt claims so,” Phil answered dubiously. “We currently have quite a backlog, so I guess we could. On STR I think we could. But given our current cash situation, it’s not even in the cards. ” On each production line, operators were working bent over their tables, assembling a variety of rigs, which, I guessed, somehow would transform themselves into completed products in the end.
It just means that you have to be ready to close down entire parts of the plant, or product lines, if they’re not profitable. Like Harry told you this morning. Fixed costs are not fixed by an act of the Almighty. They’re called fixed costs because they can’t be related to each single product. It doesn’t mean they can’t be reduced. You could still close down half your shop and relocate to a cheaper building or something like that. But that’s not the issue anyhow since the demand is there. ” “Yes, absolutely.