Velocity Scheduling System

Leadership for Job Shop Manufacturing Part 2

by

This was originally published in May 2012 but has been updated to reflect my current views. By Dr Lisa Lang, Job Shop Manufacturing expert Job Shop Manufacturing – Theory of Constraints LEADERSHIP This article is copyrighted by Science of Business, Inc. 2015 Visit our Re-post guidelines. In Part 1 I covered the Theory of Constraints first Law of Leadership — “Don’t […]

Read the full article →

Industry Week Best Plants Use Theory of Constraints

by

85% of the 2014 Industry Week best plant finalists and winners used Theory of Constraints over the past 5 years. By Dr Lisa Lang This article is copyrighted by Science of Business, Inc. 2015 Visit our Re-post guidelines. Industry Week’s Best Plants awards were established in 1990.  Their stated purpose: To recognize plants that are on the leading edge of efforts to increase […]

Read the full article →

Reducing Job Shop Costs versus Increasing Job Shop Throughput

by

Reducing Job Shop Costs   I was just reading an article on CNCReport.com titled “Never Enough Magnetic Mounts”.  The author was calculating how much money you’d save if you invested in some magnetic strips to make finding tools faster and easier.  Here’s an excerpt from the article: Hourly Pay Rate = $15 ($0.25/minute) Time spent looking for a tool = […]

Read the full article →

Visual Job Shop Scheduling Success – Case Study

by

Ohio Job Shop STOPS Focusing on Efficiency and Dramatically Improves with Velocity Scheduling System By Dr Lisa Lang This article is copyrighted by Science of Business, Inc. 2014 Visit our Re-post guidelines. Mound Laser and Photonics Center Inc. of Kettering OH, successfully completed the Velocity Scheduling System Coaching Program and their story was captured.  MLPC is a custom job shop focused on […]

Read the full article →

Job Shop Scheduling – Backlog Problems (Max Profit #9)

by

Job Shop Scheduling – Sales Backlog, Is it too Big or too Small? By Dr Lisa Lang and Brad Stillahn This article is copyrighted by Science of Business, Inc. 2013 Visit our Re-post guidelines. Brad:  “It is common for job shop owners and managers to keep a close eye on the size of their Sales Backlog.  It is a barometer of how things […]

Read the full article →

Precision Machining Job Market and Opportunities #mfg #manufacturing

by

Precision Machining Job Market By Dr Lisa Lang This article is copyrighted by Science of Business, Inc. 2013 Visit our Re-post guidelines. Recently the Precision Machined Products Association (PMPA) compiled some summary data on the precision machining job market and job opportunities based on the U.S Department of Commerce report on the earnings of new hires in manufacturing. The U.S. Department of Commerce report documents how […]

Read the full article →

The Goal by Goldratt is on Amazon Top Executives Book Club

by

By Dr Lisa Lang This article is copyrighted by Science of Business, Inc. 2013 Visit our Re-post guidelines. In an interview with Amazon CEO Jeff Bezo, Jon Fortt for CNBC reported:  This summer he (Amazon CEO Jeff Bezo) spent time at Lab126, a Silicon Valley outpost about a mile from Apple headquarters where Amazon engineers hash out hardware designs. And he also […]

Read the full article →

Job Shop Scheduling for a Custom Material Handling Equipment Manufacturer

by

Here’s yet another Velocity Scheduling System testimonial.  This highly custom job shop makes custom material handling equipment. “We have reduced the time that it takes for a job to go through the shop.  It helped us get control of the schedule, by reducing the scramble of jobs in the shop.  Now we do them in order and everyone in the […]

Read the full article →

Maximizing Job Shop and Machine Shop Profitability the TOC Way part 3

by

  This is the third in the series of conversations on the maximizing profitability of job shops and machine shops the Theory of Constraints way! Brad:  “If a job shop or machine shop business owner could start (1) by improving company productivity, or (2) by improving the company’s offer to its market segment, which would you recommend first?” Dr. Lisa:  “I can make […]

Read the full article →

Job Shop and Machine Shop Profitability part 2

by

Job Shop Profitability This is the second in the series of conversations. Brad:  “Just what should a highly custom job shop or machine shop company set as a profitability goal?  What is reasonable?  How high is up?” Dr. Lisa:  “I’ll give you Dr Eliyahu Goldratt’s answer and then I give my more direct answer.  Dr. Goldratt stated that profitability goal of the […]

Read the full article →