Do you want to increase the net profit of your business? One way to do this is to reduce the operating expense. How do you do that? Where do you start?
You want to learn and practice Continuous Improvement (CI). CI or Lean is a business management system designed to create customer value with fewer resources. This system is a group of principles, best practices, and tools. Lean born from the necessity to be more efficient and be able to operate with fewer resources, which makes it the ideal tool to reduce costs.
Contrary to common perception, Lean or CI is not for manufacturing companies only. CI works in the office, retail, warehouse, mechanic shops, medical and other types of businesses.
With CI tools you can draw a map to see how the information or product flows in your business and identify inefficiencies or waste. Once you know the problem, you can start working on solutions. In a future post, I will present some of the tools used to assess the process flow and identify waste. Also, I will talk about tools for housekeeping and organization, inventory control, and process standardization.
Do you want to reduce operating expenses? Do you want to start the year knowing what to do? Better Process Solutions offer a simple and effective process improvement solution. Get in touch, and I will help you!