profitability

The concept of Strategic Kaizen is an extremely necessary concept for companies to achieve continuous fulfillment of business expectations.
The strategic choice of the most effective and efficient KAIZEN and KAIKAKU projects are essential elements of the companies’ strategies to continuously meet the expectations a […]

Book Review – Speed-Based Target Profit: Planning and Developing Synchronous Profitable Operations by Alin Posteucă

Review made by Steven Bonacorsi, President of the International Standard for Lean Six Sigma (ISLSS) and Certified Lean Six Sigma Master Bl […]

Alin Posteucă (Dr. Eng., Dr. Ec, MBA) received the Traian Vuia Prize of the Romanian Academy, during the award ceremony of the General Assembly of the Romanian Academy on December 3, 2020, when the Romanian Academy prizes were awarded for the year 2018.
The Traian Vuia Prize, in the Technical Sciences category, was awar […]

Recently, I have received several requests to briefly explain how costs are consistently improved using Manufacturing Cost Policy Deployment (MCPD). For this, I recently wrote a paper for the Publishing House of the Romanian Academy; The Romanian Journal of Technical Sciences – Applied Mechanics Series.
But what is […]

Today’s managers in companies around the world have studied and adopted the concept of synchronization to have the right things in the right place at the right time and in the right quantities, reducing waste and ensuring the level of flexibility, change and innovation needed.
But is synchronization really the best pro […]

Often over time you have had to deal with cost reductions. More recently, some of you have decided that you need to find additional solutions to reduce costs by 5%, 10%, 20% or even 30%, in addition to the compensation for certain orders. In this context, you simply do not see how the cost reduction can be done.
However, […]

Is the synchronization of processes to customer requirements really the most important dimension of a good production system? This was my question that arose a few years ago during a detailed presentation of a production system at a well-known car assembly company. They explained how they seek to ensure a synchronizat […]

Companies that do not control their costs do not stay in the market. Are everyone in the company aware enough of the importance of costs in these times? How can you double your profits? Can you sell and produce twice as much? Could your company grow to double the current size in the same market? Well…. you don&#821 […]

Bottleneck operations are often one of the biggest challenges for any company to reduce production lead time. After the bottleneck operations are identified, the struggle to synchronize cycle time with takt time begins for industrial engineering specialists, maintenance specialists, improvement specialists, etc. They oft […]