Error-nomics: course details

Suitable for
Managers, Team Leaders, Administration, Operations and Finance staff

Duration
1 day

Location
Stratford upon Avon

Price
Call + 44 (0) 845 345 2282 or email Elizabeth Wilkinson

Article
Read John Morgan's article on Error-nomics

Book Now!
Call + 44 (0) 845 345 2282 or email Elizabeth Wilkinson

You want to have a more cost effective and efficient organisation, but recognise you could probably do with some guidance and support to help you achieve this.

Error-nomics is not a real word, at least at present, but we believe it’s a word that can be clearly understood at first sight. Perhaps even more so, when you realise how much it typically costs organisations due to rework and waste. Often, this is as much as 40% of their annual budget! How much is it costing you?

By the way, our definition of Error-nomics is as follows:

Error-nomics: a plural noun describing the science that deals with the identification, removal, and prevention of wasted time, effort, and money.

Our one day introduction to the topic looks at the typical causes of rework and waste, and covers a range of tools and techniques to help you identify and tackle this costly problem.

Syllabus:

• An introduction to rework and waste, focusing on:
• What it is, and
• How much it costs
• Providing value for our clients
• Value-Add analysis
• Identifying Non-Value-Add activities
• Identifying the opportunity
• The Toyota Production System
• The Seven Wastes
• Reducing set up time
• Measuring rework and waste
• Getting the right data
• Focusing on the vital few
• Preventing rework and waste
• Error proofing and preventive maintenance
• Assessing and reducing the impact
• Tackling bottlenecks
• Providing faster service
• Improving our processes
• Providing a framework for improvement
• Getting to the root cause
• Selecting the right solutions
• Achieving and holding the gain