Trends in Manufacturing

FOS PART II – WHATS PLANNING GOT TO DO WITH IT? THE MANUFACTURER’S PARADOX

I’ll begin this post by sharing my top 5 quotes about planning:

5. “If you don’t know where you’re going, you’ll end up someplace else” – Yogi Berra

4. “Someone is sitting in the shade today because someone else planted a tree a long time ago” – Warren Buffet

3. “The time to repair the roof is when the sun is shining” – John F. Kennedy

2. “By failing to prepare, you are preparing to fail” – Benjamin Franklin

1. “Give me six hours to chop down a tree, and I’ll spend the first hour sharpening the axe” – Abraham Lincoln

NOW YOU SEE IT – NOW YOU DON’T: CONFRONTING MATERIAL YIELD LOSS

In a factory, you see it every day. Its on the floor next to the machines, in the trash can, in the recycling bin, and in a huge compactor out back. It’s so commonplace that everyone just steps right over it and carries on as if they don’t even see it anymore. It becomes “the way it is around here”. And every time you see it, you silently think to yourself, “I wonder how much it costs us to throw away that much material.”

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