11152018Thu
Last updateThu, 15 Nov 2018 4pm

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Business & Management

Leveraging Talent Management to Support Lean

lean-management-WEBsizeAt first glance, your talent management programs might not seem to have a direct bearing or even connection to your lean initiatives. After all, they're about hiring, setting goals, employee development, performance reviews, succession planning, compensation — all the stuff around workforce management.


Success Through Supply Chain Collaboration

technicaldrawingsrolledengineerWith valve components sourced from numerous suppliers around the globe, valve, actuator and control manufacturers are faced with a significant number of challenges while attempting to meet the desired flow control at a competitive price. They must manage the impact of raw material and component costs, control and stabilize product quality and be always vigilant against counterfeit materials.

Getting More For Less; Improved Employee Efficiency Without Cost

employee efficiencyNext to equipment, labor is the number one cost for most valve manufacturers. With increasing competition from overseas, finding new means to increase employee productivity with minimal investment is an essential component of ensuring ongoing business viability. Agree with me so far? Then if I were to tell you that the incorporation of lean strategies into company operations is likely the fastest and most effective means of achieving this objective, would you read on? My guess is probably not; so let me put it another way. Forget the concept of lean manufacturing and all of the hoopla that comes along with it. Lean is little more than organizing operations in a manner that improves efficiency, and it doesn't take a six-step program, a certification, or rocket science to achieve similar, if not improved, results.

Winning the Case Against IP Theft

rotork imageBecause of the serious safety and environmental consequences of using inferior counterfeit valves and the financial devastation that can come with theft of intellectual property, ValveMagazine.com ran a two part series in July 2012 dealing with these ongoing concerns.

One point made clear in that article was that, despite technological advances and government involvement in the protection of intellectual property rights, companies themselves must be vigilant in their own behalf.

Managing Your Customer: How to Improve and Capitalize on Customer Relationships

CRM-artWhen Reed Hastings first announced in 2011 that the mail order DVD services of Netflix would be spun off into a new company called Qwikster, the only thing that came “quick” was the rapid deterioration of both customers and stock prices.

Hastings, like many other company executives, lost sight of the most important element of business growth and retention: managing the customer relationship. The key differentiator between those companies that grow from those that simply exist (or worse yet decline), are in how the customer relationships are managed.

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