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Profit Improvement

Processes either add value, or waste to the production of an item or service. Waste elimination is one of the most effective ways to increase profitability in businesses.   To eliminate waste it is therefore important to fully understand exactly what waste is and where it can be found. Toyota, the Japanese automobile manufacturer, after years of work to remove waste identified the following seven wastes as the most prominent ones. This workshop will assist in developing a clear waste reduction plan to improve profitability.

Profit Improvement

  1. Understanding the Business Improvement Stages
  2. Waste Audit process
  3. Profit Formula
  4. Driving Implementation
  5. Summary and key actions

Duration: 4 Hours

Please contact Richard Miller or Sophie Essex-Masmoudi if you would like to attend this workshop.