Episode 9. Balance, Balance, Balance

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This week Devin and Uriel have a wide ranging discussion about a range of topics that relate to lean manufacturing and the Toyota Production System, and continuous improvement. Some of the topics include: 

- Balancing equipment utilization vs operator utilization vs overall shop throughput. 

- Profit sharing and exploring other ways of putting money where your mouth is to share success with employees. 

- How to think about revenue goals. Is it based on equipment, or is it better to think about employees as a profit center that gets multiplied based on the equipment or process they're utilizing. 

- Information flow in a company as it relates to production leveling and scheduling. 

- Safety stock and how to evaluate if it's needed. Fixing problems / making improvements vs actually getting work done. How do we keep work moving while still capturing issues to be resolved later. 

- Part orientation as they move through production. We spend a lot of time orienting parts. 

- Prototyping aimed at learning. 

Thanks for listening! Please drop us a note with any and all feedback! 

If you have parts you need machined, reach out to Devin@lichenprecision.com and follow on Instagram www.instagram.com/ lichen_mfg 

If you need CNC'ed Buckles, check out www.austeremfg.com and follow at on Instagram www.instagram.com/austere_manufacturing]