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Director and VP of Operations scaling with AI | 15+ years Operational Excellence Leader | LEAN Six Sigma Black Belt with $25M+ in savings | $100M+ Sales Optimization | MBA | Business Consultant

#10tips10days Tip #1 - How to apply LEAN methodology to your business and survive for the long term. Lean is a problem solving methodology to help you eliminate waste. Waste cuts into your profitability. DOWNTIME: Defects Overproduction Waiting N - underutilized talent Transportation Inventory excess Motion excess Excess processing #linkedinvideo #21 Location: California #lean #sixsigma #problemsolving #leantransformation #businesstransformation #qualitycontrol ?? Bobby Umar Jake Jordan Lila Smith Kira Da #1 Defects Mistakes that require additional time, resources, and money to fix. In a manufacturing process, a defect might involve a defective part that has to be remade. Some causes:: Poor quality controls Poor repair Poor documentation Lack of standards Weak or missing processes Misunderstanding customer needs Uncontrolled inventory levels Poor design and undocumented design changes Completely eradicating any form of waste is impossible, but defects can certainly be limited by the application of standardized work plans, more stringent quality control at all levels, a full understanding of work requirements and customer needs, and simple job aids such as checklists

Asesh Datta

Training / Counselor / Industrial Engineering / Software Developer / Life Planner and General Insurance Proposer

6 年

Geoff Koboldt SPN?Great abbreviation of DOWNTIME. We learnt 6 big losses. One have added and that is talent loss (manpower). One loss we use to identify and that is 'Set Up Loss". SMED (Single Minute Exchange of Die) is also a tool to reduce that downtime. May be you can put an S in that word at the end. Regards

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Matija Squire

Associate Director - Strategic Partnerships & Program Innovation @ Untapped Talent | Equity Diversity & Inclusion Enabler | People & Culture Specialist | #neurodivergent

6 年

I love how you have broken this all down and how it applies to every business. Lean management was always a hot topic when I was studying at university and it's easy to see why.?

Nice bookcase!!!!!

??Geoff Koboldt, MBA ??

Director and VP of Operations scaling with AI | 15+ years Operational Excellence Leader | LEAN Six Sigma Black Belt with $25M+ in savings | $100M+ Sales Optimization | MBA | Business Consultant

6 年

#1 Defects Mistakes that require additional time, resources, and money to fix. In a manufacturing process, a defect might involve a defective part that has to be remade. Some causes:: Poor quality controls Poor repair Poor documentation Lack of standards Weak or missing processes Misunderstanding customer needs Uncontrolled inventory levels Poor design and undocumented design changes Completely eradicating any form of waste is impossible, but defects can certainly be limited by the application of standardized work plans, more stringent quality control at all levels, a full understanding of work requirements and customer needs, and simple job aids such as checklists

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Robert Valentino - Lean Coach?

?? Lean Six Sigma Strategist | Fortune 500 Executive Consultant

6 年

Fantastic video Geoff! The Lean methodology and mindset can be applied in any industry and has transformed numerous organizations. Applying its principles in my daily life has also made me a more effective and productive leader. It would be great to hear some of your success stories in eliminating waste.

Kira Day

Founder/CEO, The Passion Centre | Passion Researcher & Certified Coach Closing The Passion Gap | Building Passion Healthy Leaders Who Change Things | Creator of UnBlocked?? Y.O.U deCoded?? & Passion Health?? Programs ??

6 年

Woohooo! #Day1?- and I love Lean Thinking!! And I know?Katie Wallace?will too!!?

Mike Morgan PhD

Emerging Science & Technology Professional ? Healthcare AI Expert ? Experienced Consultant ? Startup Founder ? Perplexity Business Fellow

6 年

Geoff Koboldt, aka. the Influencer broker?packed with good info!? 1 min!? I can dig it!?

Bobby Umar

I land you a TEDx Talk Guaranteed | Keynote Speaker, Trainer & Coach | Expert in Thought Leadership, Personal Branding, Storytelling, Digital Presence | LinkedIn Top Voice | 5x TEDx & Inc Magazine Top 100 Speaker |??Gaga

6 年

Awesome thanks for joining the movement. Great insights here. Please remember to tag Kira, Lila, Jake and I in the post itself so we can keep track via LinkedIn. Btw... My Part 6 of my #10TipsToSpeakMore for the #10Tips10Days movement is on “Speak more to speak more” ??? https://www.dhirubhai.net/feed/update/urn:li:activity:6411935534721101824? ? Would love your thoughts on it.

??Geoff Koboldt, MBA ??

Director and VP of Operations scaling with AI | 15+ years Operational Excellence Leader | LEAN Six Sigma Black Belt with $25M+ in savings | $100M+ Sales Optimization | MBA | Business Consultant

6 年
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??Geoff Koboldt, MBA ??

Director and VP of Operations scaling with AI | 15+ years Operational Excellence Leader | LEAN Six Sigma Black Belt with $25M+ in savings | $100M+ Sales Optimization | MBA | Business Consultant

6 年

Thank you Kristin Gallucci for the nomination. ??

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