Week 17 – How to Improve Continuous Improvement
Don’t let your continuous improvement efforts end up just going through the motions. See how operations science helps you supercharge any process improvement efforts.
February 17, 2025
Two Minute Videos
Week 16 – Operations Science and IT (Part 2)
Organizations see repeated occurrences of poor performance even after investing tremendous amounts of money and time in implementing new software. This does not have to be.
February 10, 2025
Week 15 – Operations Science and IT (Part 1)
Computers are much faster than people at processing information. This causes an excessive feedback problem that many don’t recognize. Companies invest millions and billions of dollars in IT but still end up with poor on-time delivery and high cost.
February 3, 2025
Week 14 – Managing for Optimal Performance
The operations science model for operations management provides quick improvements and long-lasting success.
January 27, 2025
Week 13 – Inventory Performance Curves, Secrets of Stock Inventory Control
Efficient frontiers provide a great benchmark of where your inventory performance is versus where it could be.
January 21, 2025
Week 12 – Flow Performance Curves, Secrets of WIP Control
See a powerful, practical WIP analysis and control tool, flow performance curves (FPC). FPCs apply to the virtual work (tasks) of projects and services as well as to the physical WIP of traditional manufacturing and provide quick insight that leads to rapid improvements.
January 14, 2025
Week 11 – Stock Inventory Management
In this second part video on the inventory buffer, we cover the fundamental drivers of stock inventory and provide three powerful hints for optimal inventory management.
January 7, 2025
Week 10 – Managing an Inventory Buffer
A description of the two fundamental types of inventory, the science that makes them different, and basic concepts for optimal control.
December 17, 2024
Week 9 – Planning the Capacity Buffer
Proper capacity planning requires that you, one, know how to calculate capacity and, two, understand the effects of variability and how to calculate those effects. Plan your capacity buffer with operations science to obtain best financial and customer service performance.
December 10, 2024
Week 8 – Operations Science and Budgeting
Operations science concepts connect financial statements to operations performance optimization. Jeff Bell, Managing Director of Arc Precision, shares his experience applying the concepts to successfully grow and manage a company.
December 3, 2024