Introducing the GamePlan System

Home Business Owners are Busy People! So we have developed a routine for getting more done faster using the “Work Smarter, not Harder” mantra.  This is our rapid introduction to what to do and how to do it to get you working smarter straight away.  Sections link off to more advanced discussions as you get better […]

SM5.0 Theory of Constraint (TOC) Find Remove Bottleneck

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The Theory of Constraints (TOC) is an important optimising technique that focuses on improving the throughput of work at the (usually) single bottleneck or constraint in the workflow.  

This Skills Module draws together a number of the 12Faces articles on the subject.  One research project demonstrated that 89% of improvement in a manufacturing business came from the application of TOC. Yellow Belt.  button LMS subscribe

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 

How to Manage Tough Times For Business

Is your business facing tough times?  Are you facing the choice to fix the problem or exit the marketplace? Let’s look at some alternatives here. Yellow belt.

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

Resources for Wholesale / Retail Industries

Wholesale/Retail

Wholesale and Retail business focus on importing products from a number of manufacturers or downstream wholesalers in bulk.  They then repackage this into smaller quantities of a size that their customers want to purchase. They make their money from a markup on the price they pay for the product they purchase.  12Faces tools likely to be particularly relevant to wholesalers / retailers are gathered here. Yellow Belt

How to Manage a Stable Business

Much of what is written in the business literature is focused on growth businesses.  However, it is likely that the majority of smaller businesses are not focused on growth but are happy to sail along as they are.  This can be for various reasons; owners don’t want the risk, the long hours, to invest the extra resources etc that are required with a fast growing business. Learn how to get the best out of your stable business and manage its operation.  Yellow Belt

SM4.0 Business Efficiency: Waste Reduction Introduction

Eight Types of Waste

The well-known Toyota car company identified seven types of waste that had an impact on Productivity and Profit.  An eighth has been added more recently.  By gradually reducing these wastes, you can improve the Productivity and Profit of your business.  In Japanese, this is referred to as reducing “muda” (pronounced Moo-da).  This article discusses how these types of waste might show up in your business; and what to do about them.  Waste reduction is an ongoing and probably never ending process.  This article gives lots of examples of waste in each of the categories.   To be most effective, you should tackle the largest waste items first so as to make the largest gains first. Waste reduction is a team effort ideally as those on the front-line probably already know what is wasteful; they are just not empowered and trained to combat waste.

Read this if: you are working on making your business operate more efficiently.

Relates to: 80/20 Rule for finding the biggest issues, Kaizen for incremental improvement, Constraints and bottlenecks.  Our Campaigns; Optimise100 and Grow 365.

Degree of Difficulty: Yellow (entry level) .  The Skills Module on managing waste to improve your Profit is not hard to do but requires perseverance. 

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