Effective milestones are an important part of a company’s development process, especially in today’s era of team-based sprints and stand-ups. Yet many companies struggle to successfully create and employ milestones; and some don’t even understand their relevance beyond updating senior leadership.
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Waste isn’t to be found only in a company’s operations and manufacturing activities. It can be a drag on innovation in the R&D department as well. As businesses in every sector make their way through an uncertain economy, launching new products that deliver value to customers and create new revenue streams is a critical but difficult task.
Stability on the floor, and all of the subsequent positives associated with stability, are the objectives of this lean tool
Manufacturing companies are responsible for creating products to deliver to their customers. Of course, a production system needs to be in place to understand how much product needs to be made.