A lot of companies record a lot of data. Financial information, orders, process data, people data, quality data, outcome data. This data is often used to check whether things are OK or not. What about using this data to answer those questions we’d love to answer? Such questions include: Why is my rework so high? Read More...on
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WLP is a UK business consultancy service that has enjoyed 25 successful years of helping business grow.
As companies grow and employ more staff, the dynamics change. Everything is different when there are 25 employees as opposed to 6. In the dot com era, the fast growing companies that were spinouts from large companies really enjoyed their freedom to act. Then, as they grew, they found the maximum number of employees they Read More...on
Human beings are creatures of habit – so embracing change can be a big challenge for us, especially in the workplace. However, when a business is failing, or not performing in the way we want it to, change is clearly required. So why do some companies seek advice from consultants like us, ask us to Read More...on
Being part of a long supply chain can be fraught with difficulties – often thanks to product demand. As a cog in such a system, you may have experienced large peaks and troughs in manufacturing loads and inventories. This issue is known as the Forrester Effect. In 1961, Jay Forrester wrote an article about the Read More...on
It’s a problem-solving technique with proven results, yet Six Sigma is sometimes equated with using a sledgehammer to crack a nut. However, if you get to grips with working inside its structure and understand the tools it employs, Six Sigma can transform the performance of your business. So, how does it work? There are three Read More...on
One of the best methods of measuring how well a production line is running is Overall Equipment Effectiveness (OEE). To help explain how OEE works, below is an example. Example I have a plant that I know runs at 10 tes per hour when everything is great. It runs 24 hours a day. That means in theory I Read More...on
It can be deeply frustrating to run a business knowing that the operation itself is flawed and costing you time, money or compromising quality. The good news is that there are ways to make changes that significantly reduce and, hopefully, eventually eradicate such problems. There are a range of strategies out there. Here at WLP, Read More...on
5S is one of many Lean tools out there. Often misinterpreted as “just housekeeping” it is one of the foundations of Lean. The overall aim of 5S is to reduce waste, optimise productivity and increase profitability. Do you work in an area that is used by more than just yourself? How frustrated do you get when you want Read More...on
Most people when I mention Monte Carlo will think of the French Riviera, or casino, or France. But it also stands for a method of predicting how well a process will operate. Every business owner or service organization knows that the demand for its goods or services varies from one day to the next. Our ability Read More...on
Whether you are choosing schools for little ones, finding your future home or picking which business problem you want to focus on solving first, we make priority decisions all the time. How do we do it? Sometimes gut feel works, we just ‘know’ what’s right. Sometimes the decision is taken out of our hands. Sometimes Read More...on