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7 Types of Wastes In Your Business / Office

The 7 wastes are Non Value Add and must be seen as the enemy. They absorb time, and cost.
The way to remember them is to think of Tim Wood. This guy is in every business, and it is your responsibility to hunt him down and reduce and eliminate as best you can. He absorbs costs, overheads, and cash in the business.
So here is TIM WOOD!
T – Transport
I – Inventory
M – Movement
W – Waiting and delays
O – Over production
O – Over Processing
D – Defects

Transport

Transportation of product and work in progress is necessary, but it must be controlled in terms of times and distance. Each turn a product is moved, it stands the risk of being damaged, lost, delayed, and so on. More critically, the longer a product moves around, the longer there is no Value being added to it, as it is not being physically transformed. Transportation does not make any transformation to the product that the consumer is supposed to pay for.

Inventory

Producing something to sit around and wait for the next process, which doesn’t start straight away is NVA. The product is waiting and not adding value sitting on a job rack somewhere. The problem is, the more inventory the worse it is, as this can be in the form of Work in progress, raw material or finished goods.
The point is: in any of these three forms of inventory, if it hasn’t been sold, it is cash that has been tied up into the material, which the customer hasn’t bought yet– These result in a massive drain on the cash flow!

Movement

Similar to transportation, but movement refers to movement of operator and equipment. Again, think of the fact that operators moving around, searching and finding things cannot be adding value. Same too with equipment – if you are spending time lumping equipment around, you cannot be using it to add value and make money, plus the chances of damage increases.

Waiting and Delays

When work in progress and goods are not being worked on, they sit there waiting – waiting for the next process. This is typical of traditional ‘Batch and Queue’ methods. Waiting means that product is costing the company money and not adding value.

Over production

The worst of the 7 wastes – as it incorporates all the other wastes as well. Over production appears when processes are not efficient. If Changeovers are too slow, one would over produce; if quality if poor, again, one would over produce, just in case. The problem is, “the customer may want 10 parts, for instance, but we will produce 20 parts and store them…….”
The difficulty is that valuable time and energy has gone into producing parts that are sitting around consuming space in stores, whereby someone has to spend time processing them and stock counting, and the customer hasn’t even bought them – All at a cost to the company!

Over processing

If you don’t know exactly what the customer wants, how can you align your processes to what the customer needs? Over processing is about completing work for the customer, which is more than the customer really wants. Think of mowing your lawn – would you cut each blade of grass with a pair of scissors and then measure it with a rule? Of course not -Mowing the lawn with the mower is sufficient.
Another example – A company i used to work for used to print mobile phone key pads. The customer wanted blemish free (looking at it with the naked eye) key pads, but our inspectors would view each part with an eye glass of 14 times magnification! Any slight imperfection in an eyeglass meant that the part was rejected, when in fact in clear light and with the naked eye, they were perfect!
It probably comes as no surprise that the company were wasting time in rework, over inspection, and rejects alone were over £500,000 per year on a product that turned over £3million per year!

Defects

You can’t add value twice! If you scrap a complete job, you wouldn’t go to your customer and ask for an extra £5000 (or what ever the cost is!) to reprocess a job that you couldn’t do right first time! Your customer would think you are mad and go elsewhere!
Every bit of scrap costs money and time – Money for the resource to pay staff, lighting, etc to do it again, but also means that you have to push another planned job back in the queue in order to get the rework out! It’s all cost and less cash for the business.

Now your turn!

By keeping the 7 wastes in mind, and more importantly, Tim Wood, try standing on the shop floor of your office or manufacturing plant for ten minutes, and note down how many times you see each of the 7 wastes in that ten minute window.
Record the evidence on a note pad and then review the results.It is quite amazing to see just how much waste there is in every process.
Once you have found each of the 7 wastes, spend time with the team and ask the following:
  • Can you eliminate it?
  • If no, can you reduce the NVA time?
  • If no, can you combine NVA activities together?
Keep on the hunt for Tim Wood and let me know your
findings…………………..


Source: Educational Business

Limited Edition

Limited Edition

A youngster asked his grandfather...

"Grandpa! How did you people live before with

No technology
No aeroplanes
No internet
No Computer
No Dramas
No TV
No aircons
No cars
No Mobile phones.

Dada replied 
Just like how you people living today...

No Prayer
No compassion
No honour
No respect
No character
No shame
No modesty"

We, the people born between 1950-1989 are the blessed ones...
Our life is a living proof.

👉While playing and riding bicycle, we never bothered to wear helmets.

👉After school time we played until its dusk but never watched  (TV) by locking up ourselves in a room.

👉We played only with our real friends, not with NET friends.
        
👉 If we ever felt thirsty, we used to drink tap water but never searched for bottled water.
           
 👉We never got ill even after sharing the same juice with four friends.
           
👉We were never put on weight even after eating plate full of  rice everyday.
             
👉Nothing happened to our feet even after roaming bare foot.

👉We never used any health supplements to keep ourselves healthy.
             
👉We used to create our own toys and play with them.
             
 👉Our parents were not rich. They just searched for and gave only love.. not any worldly material.
             
👉We never had cellphones, DVDs, Play stations, XBoxes, video games, Personal computers, internet, chat but we had many real friends.

 👉We used to visit our friend's home uncalled and enjoyed food with them. We never had to call them and ask their permission to visit their home.
           
 👉Relatives were near to us so our hearts and souls were happy.
           
👉We may have been in Black and White photos but you can find good colourful memories in those photos........

👉   We are a unique and the most understanding generation, because we are the last generation who listened to their parents.... 
and also the first which have to listen to their children.

We are LIMITED Edition!

Story: Wayne Dyer Asks a Student


A conversation between Wayne Dyer and his student:

“If I were to squeeze this orange as hard as I could, what would come out?” I asked him.

He looked at me like I was a little crazy and said, “Juice, of course”.
​​

“Do you think apple juice could come out of it?”

‘No! he laughed.

‘What about grapefruit juice?’

‘No!’

‘What would come of it?’

‘Orange juice, of course’

‘Why? Why when you squeeze an orange does orange juice comes out?’

He may have been getting a little exasperated with me at this point.

“Well, it’s an orange and that’s what’s inside.”

I nodded.

“Let’s assume that this orange isn’t an orange, but it’s you. And someone squeezes you, puts pressure on you, says something you don’t like, offends you. 
And out of you comes anger, hatred, bitterness etc. Why?

The answer, as our young friend has told us, is “because that’s what’s inside”.

It’s one of the great lessons of life.

What come out
when life squeezes you? When someone hurts or offends you?
If anger, pain and fear come out of you, it’s because that’s what’s inside.

It doesn’t matter who does the squeezing: your mother, your brother, your children, the government.

If someone says something about you that you don’t like, what comes out of you is what’s inside. 
And what’s inside is up to you, it’s your choice.

When someone puts the pressure on you and out of you comes anything other than love, it’s because that’s what you’ve allowed to be inside.

Once you take away all those negative things you don’t want in your life and replace them with love, you’ll find yourself living a highly functioning life.

************************
Squeeze out of yourself
Love and Compassion!!!
************************

Story: The 17 Ducks


​A father left 17 ducks as asset for his Three Sons.

When the Father passed away, his sons opened up the will.

The Will of the Father stated that the Eldest son should get Half of 17 ducks,

The Middle Son should be given 1/3rd of 17 ducks,

Youngest Son should be given 1/9th of the 17 ducks

As it is not possible to divide 17 into half or 17 by 3 or 17 by 9, the sons started to fight with each other.

So, they decided to go to a wise man who lives in a cave.

The wise man listened patiently about the Will. The wise man, after giving this thought, brought one duck of his own & added the same to 17. That increased the total to 18 ducks.

Now, he started reading the deceased father’s will.

Half of 18 = 9.
So he gave 9 ducks
to the eldest son.

1/3rd of 18 = 6.
So he gave 6 ducks
to the middle son.

1/9th of 18 = 2.
So he gave 2 ducks
to the youngest son.

Now add this up:
9 + 6 + 2 = 17 &
This leaves 1 duck
which the wise man took back.

MORAL: The attitude of negotiation & problem solving is to find the 18th duck i.e. the common ground. Once a person is able to find the common ground, the issue is resolved. It is difficult at times.

However, to reach a solution, the first step is to believe that there is a solution. If we think that there is no solution, we won’t be able to reach any!

If you liked this story,  please share with all. You might spark a thought, inspire & possibly change a life forever!

Everything You Need To Know About The Hoverboard



Everything You Need To Know About The Hoverboard


Hover boards were one of the best hits in the recent years. So what actually makes a hoverboard amazing electrical item that is widely sought after? There are some amazing facts that you should definitely know about if you are planning to purchase hover board and should also know the hoverboard segway review, which is the top hoverboard now-a-days. To help you out, this article will take a look at everything you need to know about the hoverboard. 

Some facts about hover board:
  • Although no one is quite sure who actually came up with the idea of a hoverboard, Shene Chen claims to be the actual inventor of the hoverboard. It is quite tough to know who actually came up with the idea, as there are many manufacturers who introduced the hoverboard to the market.
  • In most of the hoverboard models, the rechargeable battery can power up 2 hours of continuous hover board use.
  • It takes around 2 hours to recharge the hoverboard before using.
  • It takes around 5 minutes to get used to the hoverboard.
  • If you are worried that you are not an adept rider, there is nothing to worry about, because it takes an average of 30 minutes to get adept with using the hoverboard. This however differs from one person to another.
  • Although the hoverboard is made up especially for the flat surface, you can also use it on the normal curves and bumps without any hassle.
  • A hoverboard is capable of reaching up to 10 mph.
  • You can easily travel 10 to 12 miles with a fully charged hoverboard.
  • Although the hoverboard may seem similar to a skateboard, you will need to face forward when you are using the hoverboard.
  • This amazing device can carry up to 280 pounds.
  • You should make sure to wear some protective gear such as helmet to protect yourself when you are riding a hoverboard.
  • Although, it can be used on normal curves and bumps, it is advised to learn to ride on smooth surface.
  • When you are purchasing a hoverboard, you should make sure that the model comes with a UL- certified battery pack or charger. Two of the popular brands of the hoverboard are: Swagway and Jetson Electric that offers hoverboard with the UL-certified charger.
  • You should make sure that the hover board comes with the proper warranty. The warranty can range from 90 days to up to 1 year.
  • Before you plan to use the hoverboard in any location, you should make sure that the location allows the use of hoverboard as transportation.
  • After the hoverboard is completely charged, you will need to unplug the hoverboard. This will effectively reduce the chances of catching fire.
  • You should never use your hoverboard on street as it is not safe to use a hoverboard with the other vehicles on the street.
  • There are some states such as New York, which bans the use of hoverboard in the public spaces.

The Benefits Of Eco-Friendly Shipping for Your Ecommerce Business

Eco-friendly shipping
Over the years, companies and corporations, partially propelled by something far more important than profits, have been making great strides in improving their production methods and distribution strategies. These gigantic leaps have been constructed with one purpose in mind:

Make the Earth a better place
Many companies have jumped on the eco-friendly bandwagon, doing their level best to be as “green” as humanly possible. Running an environmentally friendly business not only helps a corporation maintain a responsible relationship with its surrounding but also raises its earnings and value.
The golden goose in this endeavor – the proverbial Holy Grail that’s most appealing – is sustainable packages – the ability to engineer a container that is thoroughly eco-friendly. They dream of phasing out the longtime habit of not only using far more materials than needed but of crafting a case for their product that is biodegradable and oftentimes reusable.
And the reality is, sustainable packages are the most visually attractive (and noticeable) way of making longtime consumers and new customers appreciate your eco-friendly actions.
They are there, in plain sight, for all the world to see and experience. Sustainable packages highlight, in a very strong positive way, your company’s overall vision and objective towards its natural environment.
In terms of public relationships and marketing, creating a sustainable package is akin to striking gold and stumbling onto a recently discovered oil field, all while hundred dollar bills rain from the sky.
Bottom line: Sustainable packaging really improves your brand image.
And the flips side is that harming the environment kills your image. Look no further than Volkswagen’s recent emissions debacle as proof of that.
Doing good has easily become one of the main pillars of advertising these days; just take a look a Colgate’s ad, during the Super Bowl – and their water conservation incentive – for a clear example of this fact.
But let’s talk about specifics for a moment. What can going green do for your eCommerce business? First, let’s discuss going green in general, then we’ll talk specifically about green packaging.


The Benefits of Going Green


The Benefits of Going Green

Cost Savings


There is steady growth in healthy environmental practices in all manner of business ventures. An enterprise that decides to highlight their ecological advance policies, not only helps protect the environment but ultimately improves their company’s bottom line.
Companies that focus on energy consumption and how to reduce their carbon footprint can drastically reduce their overall cost of manufacturing. The benefits of having a low energy output are quickly translated into a low energy bill. For example, the fewer watts used during production can rapidly and exponentially dovetail your electrical bill by millions.
According to MSNBC.com, chemical giant DuPont – one of the leading companies in the eco-friendly field – managed to save over $3 billion in the last two decades by reducing their carbon emissions.
Smaller business can also benefit from reduced energy cost. Something as simple as shutting off lights, turning the computers off when not in use, or getting LED bulbs can improve your profit margin.


Improved Public Relations


green policies
Companies that emphasize their green policies can gain new clients, as well as gain access to new, unique demographics of like-minded buyers that appreciate and value earth-based policies.
By constantly highlighting your eco-friendly changes, your company is likely to attract new consumers.
Think about companies like TOMS. The shoe manufacturer has generated enormous public goodwill through their social mission. People are eager to buy TOMS because they know that a child in need will also get a pair of shoes.
The reality is that people like to support companies that are doing good, both for others and the environment. You can attract those people by using eco-friendly business methods.


A Healthier Workplace



“Companies that promote a healthier workplace report a 20 percent decrease in the number of sick days used by employees and a decrease in health-related costs.”

There is an intrinsic psychological value to being a responsible eco-friendly corporation. A change in mindset can lead to not only a better relationship with the public but a more productive workforce.
Companies that adopt a green attitude manage to add a unique and powerful incentive to their workers’ overall attitude. Intellectually speaking, a nine-to-fiver is more galvanized and ready for action by a company that makes them feel “good” and “honorable” than by the opposite.
Psychology researchers have determined that if you feel like a superhero, your Cortisol levels (Stress Hormone) will degrees, and you’ll be more than likely to experience an endorphin high.
Using environmentally conscious practices is a great way to feel like a superhero of sorts.


Available Tax Credits


The 2009 economic stimulus plan provided incentives for companies to turn a new leaf – and practice green policies –  in the form of huge tax credits. Tax Credits are available for all companies, small or big, and you can easily rake them in if you’re willing to go green.


Increased Consumer Demand


Environmentally minded
Consumers, with so many products on the shelves, have become far more “picky” with their choices. Environmentally minded users check product labels and analyze if a commodity is crafted from recycled materials. Companies can easily tap into this practice and even entice new consumers.

“Sales of environmentally friendly products in the U.S. exceeded $40 billion last year, according to data from various market tracking services and Advertising Age estimates. This includes $29.2 billion for organic food, more than $10 billion for hybrid, electric and clean-diesel vehicles, more than $2 billion on energy-efficient light bulbs and $640 million on green cleaning products.”



Why Eco-Friendly Packaging?



It Helps Your Brand Image:

One of the main advantages of having eco-friendly packaging is that fact it will be your company’s poster child. It declares to the world that you are “doing good” and that you care about what’s happening in the world.
Eco-friendly packaging instantly shifts your brand image. In a flash, you flip in the consumer’s mind. In their perspective, you value life, Mother Nature, and the future, over profits and your bottom line.


It’s Versatile


It’s not all about helping the environment, it’s also a great deal about practicality. Eco-friendly packages are also extremely practical.
If offers…
Easy disposal: It’s biodegradable, pliable and stackable. You don’t need any sort of chemical or special method – like for styrofoam – in order to dispose of it.
Storage: The logistics of moving, storing and displaying items has never been easier. Most eco-friendly packages, aside from being good for the environment, have the added incentive of being malleable through-out production and distribution.
In a warehouse, they take less shelf space and quickly reduce load sizes. They weigh a fraction of standard packages (reducing fuel costs and carbon emissions). These small changes can end up freeing huge amounts of space, meaning you’ll keep shipping costs down, while at the same time delivering more goods.
Fewer resources: One of the main benefits to “going green” is the fact that your production costs will plummet. Many eco-friendly packages use half as many materials as their counterparts. They need, in every step of production, fewer resources. This significantly brings the expenses down.
More effective manufacturing: Due to the fact that fewer methods and processes are required for their creation, eco-friendly packages increase your overall manufacturing speed. You can produce more goods in the same amount of time.


It’s Better For the Environment


eco-friendly packaging
This is the most obvious benefit. On every level of production, eco-friendly packaging helps out the planet.
It reduces water consumption and CO2 emissions during manufacturing.
Most are made from almost no plastic and those that are – like bottles – reduce this harmful material by 70%. Coca-Cola makes a revolutionary PET bottle that completely eradicates plastic in their assembly line.
No petrochemicals are used during their manufacturing. This lowers health problems not only in consumers but in the workforce employed.


Conclusion


Caring for the environment is crucial. After all, we’ve only got one planet (until space travel is invented). If we don’t adopt environmentally friendly business practices, we’re ultimately hurting ourselves.
But using eco-friendly methods, like packaging, is also a fantastic business practice. It results in increased customer goodwill, more profits, and a healthier workplace.
It really is a win-win all around.
This article originally appeared here at https://www.floship.com/benefits-of-eco-friendly-shipping/ and has been republished with permission from https://www.floship.com