article thumbnail

The Principles and Implementation of Lean Improvement

Kainexus

To succeed in today's hyper-competitive environment, organizations must strive to improve continuously. One of the most widespread is an approach that grew out of the Japanese automotive industry, Lean manufacturing. One of the most widespread is an approach that grew out of the Japanese automotive industry, Lean manufacturing.

LEAN 78
article thumbnail

Going Lean, Again

etventure

Friedrich Arnold, Senior Project Manager at etventure, explains how manufacturers can embrace the Lean Startup methodology as the centerpiece of their Digital Transformation. Proudly, the Head of Production explained to me: “We use Lean Production – meaning we eliminate waste from our manufacturing process.” The Proud Leader.

LEAN 56
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Edmunds.com Used Lean Innovation to Make Their Mission a Reality

Moves the Needle

Lean Innovation Case Study: Bringing a New Product to Market Don’t have time to read the whole article? Online automotive resource Edmunds.com has a mission to make car buying easy. This is the story of how Edmunds.com used Lean Innovation practices to make their mission a reality.

LEAN 58
article thumbnail

8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

Razors have undergone incremental innovations over time Source: The Hustle Incremental innovations may not make headlines, but they’re the steady pulses that keep businesses competitive and responsive to market demands. This strategic alignment ensures that innovation efforts contribute to long-term success and competitiveness.

article thumbnail

Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

This requires companies to proactively or reactively innovate their business models in order to remain competitive. The platform environment is mostly characterized by a tension between collaboration and competition of the participating companies, often referred to as coopetition. Cases in point: Lego and Burberry.

article thumbnail

Timing of Innovation – Getting the Odds On Your Side

Idea to Value

The problem with timing is that every innovation only has a relatively small window of opportunity that happens when the technology and customers are ready, but there isn’t much entrenched competition. It requires companies to adapt, innovate, and find new ways to be competitive. Being too early.

article thumbnail

4 Ideas To Improve The Efficency Of Your Supply Chain

The Human Factor

Ivalua: This supply chain management platform was designed to support businesses across many industries, including healthcare, financial services, automotive, and more. With less materials held up in stock, you’ll help your business to produce less waste, adhering to lean principles. Improve quality control .