Thirty years ago, “lean” manufacturing was an innovative concept, imported from Japan. The theory was intuitive: Make products as efficiently as possible, using the least possible staff time, equipment and working capital. Borrowers who mastered lean fundamentals increased profits and used assets with greater efficiency. The secret to staying lean, however, is continuous improvement.
0 Comments Click here to read/write comments
Topics: Advisory, Commercial Banking, Commercial Lenders, lean manufacturing, Uncategorized