The efficiency of any office or production operation depends on workflow. The better a manager clearly defines a regular process, the more efficient his team becomes. This saves overall employee time, ...

According to Jeffery Liker’s book, The Toyota Way, it’s estimated that most business processes are 90% waste and 10% value-added work. Value-added activities in a process are considered those that ...

Have you ever lost yourself in your work, so much so that you lost track of time? Being consumed by a task like that, while it can be rare for most people, is a state of being called Flow. In my ...

Work-in-process inventory refers to the partially completed materials within a production line. According to the team at Accounting Tools, this term considers the cost of raw materials, direct labor ...

This article is the second of a 3-part series where I will look at scale, transparency and uncertainty. These are 3 key determinants necessary to achieve a mindset that allows for more innovative flow ...