| Description |
1 online resource (xxxviii, 266 pages) |
| Contents |
Cover -- Half Title -- Title Page -- Copyright Page -- Dedication -- Table of Contents -- Preface -- Introduction -- About the Author -- List of Abbreviations -- Part I Strategic Improvement for Profitability and Productivity -- Chapter 1 Changing the Strategic Approach of Systematic Improvements -- 1.1 Strategic Productivity Improvement Dilemma -- 1.2 Is Conventional Strategic Kaizen Really Effective Enough in World Competition? -- 1.3 The Continuous Strategic High Productivity Improvement -- 1.3.1 Estrangement Results between Company Health and Just Synchronous Operations |
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1.3.2 Changing from Synchronous Operations to Synchronous Profitable Operations -- 1.3.3 Synchronous Profitable Operations Should be Continuously Enhanced -- 1.3.4 The Crucial Role of Strategic Productivity Improvement -- 1.4 The Potential for Profitability Increases Based on Productivity -- 1.5 Targeting the Strategic High Productivity Improvement -- 1.6 The New Approach to Strategic Systematic Improvements -- 1.7 The Strategic Kaizen for Synchronous Profitable Operations -- 1.7.1 The Concept -- 1.7.2 The Basic Image -- 1.7.3 The Seven Basic Processes -- 1.7.4 Five Problems Targeted to Be Solved |
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1.8 Conclusion -- References -- Chapter 2 Current Condition, Basic Policy, and Strategy -- 2.1 Studying the Impact of Current Strategies on Operations and Lowering Costs -- 2.2 Deep Understanding of the Company's Key External Factors -- 2.3 Internal Strategic Capabilities -- 2.4 Current Business Performance Against Expectations -- 2.4.1 Operational and Financial Performance -- 2.4.2 Current Level of Synchronous Profitable Operations -- 2.5 The Basic Policy Framework for Strategic Kaizen -- 2.5.1 At the Cutting Edge: Identifying Strategic Drivers -- 2.5.2 Two Productivity Improvement Scenarios |
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2.5.3 The Strategic Intent of Each Strategic Drivers -- 2.6 Winning Key Strategies -- 2.6.1 Systematic Productivity Improvement Strategies for the Sales Increase Scenario -- 2.6.2 Systematic Productivity Improvement Strategies for the Sales Decrease Scenario -- 2.7 Tracking Strategy Through Strategic Key Performance Indicators -- 2.7.1 Key Performance Indicators at the Strategic Level -- 2.7.2 Stratifying Strategic Key Performance Indicators -- 2.8 Conclusion -- References -- Part II Strategic Kaizen Methodology -- Chapter 3 Continuous Measurement and Interpretation -- 3.1 Overview |
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3.1.1 The Stake: KAIZENshiro Setting -- 3.1.2 The Main Purpose: From KAIZENshiro to Identifying Must-Win Strategic Kaizen -- 3.2 First Process: Studying the Potential for Strategic Systematic Improvement Point -- 3.2.1 Flow Structuring and Standardization -- 3.2.1.1 Target Products -- 3.2.1.2 Areas, Modules, Processes, and Operations -- 3.2.1.3 Costs: Structuring and Extreme Standardization for Extreme Improvement -- 3.2.2 Deep Understanding of the Flow Synchronization and Standardization -- 3.2.2.1 Lead Time -- 3.2.2.2 Takt Time Synchronization: Bottleneck -- 3.2.2.3 Buffer Size |
| Summary |
Currently, the challenge for manufacturing organizations is how to achieve their expected profit by continuously improving productivity or reducing costs. Manufacturing organizations have been using different improvement approaches to achieving cost reduction and productivity improvement for years by eliminating various losses and waste structures, such as excess inventory, excessive workforce, excessive capacity, excessive utility consumption, and so on. But is the problem solved? Unfortunately, no! Often manufacturing companies focus on maximizing the flow and meeting customer needs but forget their real aim - to make a profit for their stakeholders. Too many organizations meet customer expectations by seeking to continuously synchronize the flow to market demand but forget to check that they are doing it profitably enough to ensure business continuity and prosperity. When the financial results show that they are not so profitable, it is already too late. Moreover, the strategic direction of systematic improvements according to the sales trend - depending on the current degree of production capacity utilization and its dynamic effects on cost structures - is deficient in many manufacturing companies. So, would the failure of strategic and profitable systematic improvements be an option? Of course not! If the ultimate goal of the organization is to create target profit for stakeholders, then the behavior and strategic systematic improvements must be directed to those scenarios, strategies, tasks, problems, and production levers that are best based on creating the target profit. That's what Strategic Kaizen thinking does - the simultaneous and consistent achievement of systematic operational and financial improvements in a strategic and operational manner. It achieves both synchronous operations at market demand by fulfilling takt time and profitable operations in accordance with profit demand by fulfilling takt profit. In short, the Strategic Kaizen mission is striving for the fulfillment of the ideal state of operations called synchronous profitable operations. In this book, the author, while presenting in detail the seven processes of Strategic Kaizen methodology, exposes the answer to historically incomplete thinking of productivity improvements for target profitability. The uniqueness of the book is reinforced by the detailed presentation of the successful application of the Strategic Kaizen thinking over the years in two multinational manufacturing organizations operating in highly competitive markets, addressing the synchronous profitable operations for both the sales increase scenario and the sales decrease scenario. Moreover, it presents examples of the practical application of the white-collar Strategic Kaizen. Essentially, by adopting the Strategic Kaizen methodology presented in detail in this book to consistently achieve the ideal state of a manufacturing organization, organizations will enter a new paradigm of thinking of strategic improvements - Strategic Kaizen thinking - to meet annual and multiannual target profits in a unique and effective way that operates according to its own strategic and operational management system |
| Bibliography |
Includes bibliographical references and index |
| Notes |
3.2.2.4 One-Piece Flow |
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Alin Posteucă, Ph.D., is a consultant in productivity and profitability and the CEO of Exegens® (Romania). Prior to this position, he held top management positions in manufacturing and services companies. His major research and practice areas include manufacturing policy deployment, profitable production planning, strategic kaizen, and kaikaku. His recent research and practice include the impact of Industry 4.0 on planning and developing synchronous profitable operations. He received his Ph.D. in Industrial Engineering from the Polytechnic University of Bucharest (Romania) and Ph.D. in Managerial Accounting from the Bucharest University of Economic Studies (Romania). He was a PhD research fellow at Institute of Technology, Linkp̲ing University, Sweden. He received his MBA from the Alexandru Ioan Cuza University of Iași, Romania. He has a bachelor's degree in Accounting and Business Computer Science from the Alexandru Ioan Cuza University of Iași, Romania. In addition, he is a certified public accountant in Romania and a Traian Vuia Prize Laureate of the Romanian Academy (highest scientific prize in Romania). He has been actively involved in various industrial consulting and training projects for more than 20 years, delivering training/workshop programs in productivity, innovation, business transformation, and leadership, and has been published in various research journals and presented papers at numerous conferences regarding productivity, quality, and industrial engineering |
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Description based on online resource; title from digital title page (viewed on May 08, 2023) |
| Subject |
Continuous improvement process.
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BUSINESS & ECONOMICS / Production & Operations Management
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BUSINESS & ECONOMICS / Management Science
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BUSINESS & ECONOMICS / Strategic Planning
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Continuous improvement process
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| Form |
Electronic book
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| ISBN |
9781000836370 |
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1000836371 |
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9781003317852 |
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1003317855 |
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9781000836363 |
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1000836363 |
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