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Reshoring By Ade Asefeso MCIPS MBA
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Reshoring is essentially the opposite of offshoring, it is a term used to describe the act of bringing back offshored manufacturing to a country. In the beginning of 2011, for the most part, most... More > people thought that this was just impossible, that there would be no reshoring to the U.S. or UK, that everything was going to China, manufacturing was leaving both countries and it will never come back and I think the striking thing is how much that’s changed in the last three years. You went to China because it was just so cheap you couldn’t help it; but if you’ve got the engineers and people in the U.S. or UK, and the customer base in the U.S. or UK, you’d like to be close to the customer. It gives you a shorter supply chain.< Less
Lean Retailing By Ade Asefeso MCIPS MBA
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If time is money, then being lean is both. Thanks to mega retailers worldwide, lean principles have rapidly spread to a variety of different manufacturers, such as consumer foods, apparel and... More > food/beverage. Over the past few years, these retailers have dramatically changed how they do business in order to stay competitive in the marketplace. How products are ordered, how inventory is moved throughout distribution centers and barcodes vs. RFID technology for inventory management have all been taken into consideration in order to work as swiftly and efficiently as possible. While lean thinking has been rapidly expanding amongst large manufacturers and retailers, there are still a lot of companies that have hardly implemented any lean concepts. At the end of the day lean is about adding value for customers; but how can companies do that while also reaping in benefits for themselves?< Less
Corporate Storytelling Tell Them Your Story By Ade Asefeso MCIPS MBA
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Corporate storytelling is about winning... It's about getting to the core of an organization's value proposition, and developing narratives that simply and compellingly relate "the story"... More > to customers, prospects, investors, media, employees and others in a way that motivates them to think or act favourably and it's about developing focused, cost-effective programs that enable companies to reinforce the story (and differentiate themselves) through every communication they produce and action they take. This book explore storytelling for business managers and consultants presenting in the boardroom; what are stories, why are they so powerful, and how you can sprinkle some of that storytelling magic into your boardroom PowerPoint presentations.< Less
Lean Banking By Ade Asefeso MCIPS MBA
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In response to the recent economy’s woes, banks have placed a growing premium on reducing costs and improving operational efficiencies and many banks have turned to lean programs as a useful... More > tool. Most of these banks will find themselves disappointed, however, because few lean initiatives, in our experience, deliver the expected results. The near and longer-term impact on costs proves to be far less than expected, and any gains in efficiency prove to be either temporary or too limited in scope to make a real difference. There is no fundamental, lasting change in the way the bank conducts its operations and hence little impact on long-term performance. The problem is not with lean itself, however. Indeed, we believe that lean has much to offer banks. The problem lies in the approach and implementation.< Less
Lean In Construction By Ade Asefeso MCIPS MBA
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Lean Construction is a way to do more and more with less and less; less effort, less equipment, less time and less space whilst providing customers with exactly what they want. A Lean system,... More > process, and organisation is one that is waste free. Lean is not about size or number of people employed. A reduction in employees may cut costs, and eliminate the waste of those employees, but does not decrease the proportion of waste to value adding within the organisation or process. Most waste is through products waiting to be worked on by succeeding activities. Construction is possibly the last frontier for lean. Although manufacturing’s productivity has improved during the last 40 years, the construction industry has experienced a slight decline. Even though the construction world has embraced high-tech tools, we still manage projects the same way we always have, and we are still getting the same poor results. Less than 30 percent of projects come in on time, on budget, and within specification.< Less
T P M Simplified By Ade Asefeso MCIPS MBA
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It’s time once again to make much of a simple concept; that two groups with different names, languages and cultures might put aside their old habits, pettiness and grudges, recognize the... More > overwhelming alignment of their most critical self-interests, and join their complementary strengths to achieve unprecedented peace, harmony and productivity. That’s the concept behind total productive maintenance (TPM), where maintenance and production personnel cooperate to define, standardize, allocate and perform the tasks needed to maximize overall equipment effectiveness (OEE), which keeps equipment producing quality product at maximum efficiency and minimum lifecycle cost.< Less
5s Office Management By Ade Asefeso MCIPS MBA
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When was the last time you saw your desktop? If your answer is, “Hmm…I don’t really remember,” do you realize how much time and energy you are wasting just looking for stuff?... More > I am guessing that you already know you are wasting time. Or maybe you are so embarrassed by your messy office that you don’t even let clients see it. You end up meeting with clients in a conference room. You did like to get your office cleaned up, but you have no idea where to start. Let me suggest a concept called: 5S. 5S is an organizational tool born out of the Toyota production system called Lean. The basic idea behind 5S office management is that a messy office is full of waste. Not only the waste you can see, i.e. the mess; but the time wasted in looking for the right file, your phone, eye glasses. You get the idea.< Less
Lean Tools By Ade Asefeso MCIPS MBA
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Lean core idea is to maximize customer value while minimizing waste. Simply, lean means creating more value for customers with fewer resources. "More for less" Lean has a very extensive... More > collection of tools and concepts. In this book we discussed the importance of these tools and our understanding of what they are and how they can help. This is an excellent way to get you started on your Lean Journey. We dedicated a chapter per tool; with a brief description and short explanation of how each tool can improve your business. If a tool captures your interest or resonates with you in some way; explore it further to decide if it is something to pursue now...or later. Many of these tools can be successfully used in isolation, which makes it much easier to get started. On the other hand, the benefits will compound as more tools are used, as they do support and reinforce each other.< Less
Lean Business By Ade Asefeso MCIPS MBA
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Lean business principles lead to processes that minimize waste in delivering products or services to end users. A popular misconception is that lean is suited only for manufacturing. Not true. Lean... More > applies in every business and every process. It is not a tactic or a cost reduction program, but a way of thinking and acting for an entire organisation. Businesses in all industries and services; including healthcare and governments are using lean principles as the way they think and do. From the standpoint of lean thinking, value begins and ends with the customer. Customers require a particular product or service from your business, and you must provide it in the amount necessary and on the customer's schedule. Determining the product or service that provides value to the customer stands as the first task for any business.< Less
Lean Management By Ade Asefeso MCIPS MBA
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The model of asking the work team to think, to experiment, and to learn from the data, is the model of lean management. It is management that is humble and not arrogant. It is management that... More > observes, encourages, challenges, and learns. It is management that gathers the facts, encourages experimentation, and spreads best practices. It is management that practices what they preach to others. In short, lean management is very much about asking questions and trying things, or encouraging others to try things. Lean management itself is not much about providing the right answer but it is very much about asking the right question.< Less