Springer, 2016. — 188 p. — (Management for Professionals). — ISBN 9783319206981, 9783319206998.As industrial companies are placing a higher focus on operations, this book comes at the right time with a compilation of basic concepts of Operational Excellence and their application. Operational excellence allows companies to recover from reductions in gross margins and low profitability, which largely occur due to a rise in agile competition and the short life span of new technologies. This book helps managers and consulting academicians as a ready reference for cross-industry implementation of operational excellence.Introduction Assurance of Supply (AOS) Cost of Goods (COGs) Decision Support Systems (DSS) Drum, Buffer, Rope and Days of Inventory (DOI) Control emails (The LEAN Version) Empowerment Enterprise Resource Planning (ERP) Failure Mode and Effect Analysis (FMEA) Gross Margin (GM) Hiring Practices for Operations Human Resources (HR) Innovation in the Operations Interfaces and Their Improvement in Operations Just in Time (JIT) Kanban Key Performances Indicators (KPI) LEAN Operations Leadership in the Operations Meetings and LEAN Decision Making Manufacturing Overhead (MOH) and Departmental Expense Control Manufacturing Excellence in Daily life New Product Introduction (NPI) One on One Meeting Personal Development People Motivation, Productivity and Satisfaction Quality Return on Investment (ROI) Calculations and CAPEX Decisions Safety Supply Chain and Win–Win Relationship with the Suppliers Services and Customer Assurance Team Work and its Development Theory of Constraint (TOC) Variability: Managing the Variability in Operations Voice of the Employee Yield, Improvement and Sustaining High Yield Where, When and How We Can Apply the Operational Excellence Concise Guide Methods? Appendices
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