SM5.0 Theory of Constraints (TOC) and your Bottlenecks
The Theory of Constraints (TOC) has probably had more impact on our prizewinning business than any other management gem! We first heard of it when reading that Jeff Bezos, Founder of Amazon, required all his managers to read the book that introduced ToC – The Goal. Bezos has done OK so must be something in […]
Introducing the GamePlan System
Business Owners are Busy People! Dump “Pie in the Sky” 5 Year Business Plans We developed a routine for getting more done faster using the “Work Smarter, not Harder” mantra We were “National Small Business of the Year” and appeared 4 times in the “National 100 Fastest Growing Businesses” list using this approach This is […]
SM4.0 Business Efficiency: Waste Reduction Introduction
Eight Types of Waste Business efficiency relies upon managing and reducing waste Here are 8 tested ways for doing this What is Waste? A straight forward explanation of waste is that it is anything that adds no value to the final product or service. This is something that the customer is not willing to pay […]
How to Plan for Manufacturing Industries
Manufacturing
Manufacturing businesses typically import raw materials and convert them into products that are passed down the chain to later manufacture as parts or to wholesalers & retailers as fully finished products for sale to consumers. Learn how to plan for manufacturing industries.
Despite the huge range of products they manufacture, they all share a number of processes that 12Faces covers with helpful resources. Yellow Belt
How to Boost Your Accounts Receivable
Accounts Receivable: “The process of collecting money your customers owe you.” Failure to have this process working well leads to insufficient cashflow and is a major contributor to business failure. Ignore it at your peril! Yellow Belt