Blockchain and IoT technologies provide an opportunity to significantly reduce upstream and downstream costs in the Oil and Gas Industry. The World Economic Forum estimates that the digitization of the Oil and Gas industry could unlock $1.6T of value globally and realize $140B in productivity. While Blockchain and IoT won’t be Continue reading Blockchain – IoT Strategies and Use Cases – Oil and Gas Industry
This case study describes how a healthcare consulting team of process improvement experts, utilizing Lean Techniques, were able to help a home healthcare provider improve annual profitability by $900K, reduce overtime by 50%, increase productivity by 10% and increase revenue by 3%. Continue reading Lean Techniques Improves Performance in Home Healthcare – Case Study
Change happens. Every business environment requires continuously changing strategies, processes, tools and skills. Implementing a continuous improvement program is one way a company can harness their response to change and create competitive advantage. As companies launch continuous improvement programs, they need to have a plan. Effective programs require the following 5 elements leading to successful and sustainable Continue reading Five Things You Need To Do To Drive Continuous Improvement Part I
Good times, bad times, you know we’ve had our share…. Anytime is a good time to reexamine the principle of “getting Lean” or improving processes by applying a set of tools that will deliver significant reductions in cost and lead time. Sigma techniques as championed by “blackbelts” is often the rallying cry.
But what about Quality (with or without a big Q)? Is quality or Total Quality now passé, having been supplanted by Lean and/or Six Sigma? Are all of these synonyms? Are they just dressed-up, consultant-speak ways of describing historic “best manufacturing practices?” Do they work together, or do they Continue reading Quality, Lean and Six Sigma: Often Misunderstood