4 reasons why invoice factoring may be the best financing solution for your business
Invoice factoring is the practice of selling an invoice at a discount to a third party. With invoice factoring, you give away the right to collect the …
Tag: waste
How your business can benefit by shifting to digital laser material processing
As long as your business involves cutting, engraving and manufacturing, laser processing systems and tools can benefit it in multiple ways. In fact, th…
Can waste solve the waste problem?
Who ever said ‘happily ever after’ was just the stuff of fairytales?These days those words are written into the soles of Lionel Messi…
How to get off to a lean start
Lean manufacturing is based around the Japanese principle of eliminating waste or muda within a manufacturing system. This waste can take various f…
10 Tips to Cut Waste and Add Value with Internal Communications
Your team is only as strong as your internal communication methods are. Don’t drop the ball by failing to strategise your communication practices a…
7 wastes…. what about 7 values?
In this article James Sandfield examines why we are obsessed with cutting waste instead of defining value. He gives his seven values to counteract …
7 wastes – explained
7 Wastes in the processLean is a strategy for your organisation to create value and reduce waste. Any solution which makes both of these improv…
Servitization: What Is It and Why Should You Care
If you’re competing on price alone, your days are probably numbered. (Globalisation commoditisation, shrinking product margins and diminishing returns …
Let the Robots Worry About The Work While Humans Handle The Data
Apple supplier Foxconn last month revealed it has replaced 60,000 factory workers in one of its plants near Shanghai in China with robots. While th…