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As Buck Knives, Inc., celebrated a century in business, it also faced a cash crunch that was putting it out of business. CEO CJ Buck shares how his team took dramatic action (including moving the company from Southern California to northern Idaho) to fend off high-quality global competitors and to turn the historic and highly regarded company around with its own version of the Toyota Production System (TPS).
What does "Lean" mean? This article provides the basic background, terminology, and insight entrepreneurs need to understand how specific, proven processes lead to reduced costs, improved quality, and delighted customers. It also briefly considers the next logical extension of Lean Manufacturing (Lean Thinking), which allows service companies to benefit from the hard-won lessons of manufacturers.
Entrepreneurs and their teams will benefit soon from free, high-quality computer tutorials. This author identifies several innovative, entrepreneur-led companies that are creating technology tutorials and providing just-in-time, online training--along with why more companies are developing free, Web-based, educational resources.
From a lab at MIT to connecting 50,000 high school students live around the world, Norman Gaut's team at PictureTel were pioneers in connecting the world via real-world time, visual communications.
This marketing expert and author provides five reasons why outsourcing e-mail marketing to a reputable e-mail service provider can optimize your return on investment.
Discover the importance of planning and documenting processes--what we do, procedures--how we do it, and policies--why or when we do it.
Why spend money, time, and effort documenting processes? Beyond the obvious direction it will provide in operating the business, numerous other benefits are discussed in this article.
Whether you are looking at improving how you currently run your business or planning significant expansion, the operations of your business are critical to your success.
As the first indicator of profitability, a firm's gross margin will establish the goals that will drive the action plans of almost every department. The second indicator, Operating Expenses, should be assessed just as carefully.
This article discusses the Operations Plan as an action document to coordinate the activities of the company towards achieving the overall goals and mission.
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