One of the readings for this week covers the subject of lean manufacturing. The primary effect of lean manufacturing, or also known as lean thinking, is the improvement of flow. It means that products, or services, are moving faster from production to customers. This is possible because one of the principles in lean thinking is how to run production systems in a more efficient and effective way.
It might be common to think that implementing technology in businesses to improve business processes may cost a lot. Investing in hardware, purchasing proprietary software, hiring technical specialists to install or maintain the hardware/software, are just some of the cost that may add to the expenses of a business.
- Oracle Buys Cloud-based Customer Service Company RightNow For $1.5 Billion (October 24, 2011 via techcrunch.com)
- SAP Challenges Oracle With $3.4 Billion SuccessFactors Purchase (Dec 07, 2011 via zdnet.com)
- Oracle buys Taleo in a $1.9B response to SAP (Feb. 9, 2012 via gigaom.com)
- Nave, Dave. “How to Compare Six Sigma, Lean and the Theory of Constraints: A Framework for choosing what’s best for your organization”. Quality Progress, March 2002, Volume 35 Number 3. American Society for Quality.