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When you're losing money, your slowly eating into their profits. But before you can solve problems, you have to find out where the waste is coming. Residue is present in all companies, but good companies are identified as soon as possible and eliminate or at least reduced. Will never totally eliminate waste in all its forms, but you can minimize their impact and do less. But first we must identify the types of waste to be corrected. The main areas that affect businesses are in time, space and materials, and there are different ways that is present in those things. The time can be wasted in many ways like the redesign of parts that were made incorrectly the first time. But worse, make mistakes or errors is that it affects many areas of waste. It is not only wastes time, but it wastes materials you are essentially getting hit twice for the same error. That means you need to use materials more than you plan to use so you will need to order more or have extra space at home just in case you make a mistake. And if you store additional equipment, you are now lost in space as well. Space that could be used for a more productive and more profitable results. Another waste is easy to identify without using machines. The machinery that is being underutilized or not being used at all is a waste of capital investment and space. If automated processes are waiting for human processes, then there is a lag in efficiency. You have to find ways to keep the machines running as much as possible and may have to rethink the process to get there. It may be more complicated, but in the end, you want to run as efficiently as possible and want to work with everyone working machines. When one process is waiting for another process to finish before you started, then there is no downtime can be better utilized. Better yet, find a way to keep the work processes and none of them expects the other to the end. Having each process and each department in advance and not wait until the job is the best way to accomplish this. A great way to eliminate waste in your business is to implement a lean six sigma process. This six sigma program has proven successful in eliminating waste and increase productivity and profit. To learn more go to stupidcupid.org.
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