Category: Industries

Cycle Time vs. Throughput Time: What’s the Difference?
Published:What is Cycle Time? Cycle time can be defined as the amount of actual work time needed to complete one task. Any sort of downtime is excluded from cycle time. The Benefits of Cycle Time Staying ahead of the competition – You can outpace your competition by keeping a close eye on your cycle time […]
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Takt Time vs. Cycle Time: Whatโs the Difference?
Published:What is Takt Time? Takt Time refers to the speed at which a product must be manufactured in order to meet customer demand. The Benefits of Takt Time Implementing Takt Time into your organization is beneficial for a number of reasons: Identifying bottlenecks – If an organization is making Takt Time a priority, bottlenecks tend […]
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The Cost of Customer Misalignment (& How to Fix It)
Published:This consumer products company has a large portfolio of products. Working with key customers, the company develops and promotes brand marketing programs to help the customer improve their sales which increases the companyโs revenue as well. The CEO of the company realized the percentage of successful promotions was less than he expected. At the same […]
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Data Transformations Helped One Company Better Analyze Their Process Data
Published:Normality of the data is an underlying assumption for the use of many statistical tools. When normality doesnโt exist, transforming the data may be necessary. Letโs see how one company did that.
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Pharma Co. Saved Nearly $1M Using Attribute Agreement Analysis
Published:Can you always believe data which is based on peopleโs opinions and self-reporting? The obvious answer is no. Letโs see how one company used Attribute Agreement Analysis to determine the reasons for speaker program cancellations.
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How Design of Experiments (DOE) Helped a Pharma Company Extend Product Shelf Life
Published:Through the use of Design of Experiments (DOE), a pharmaceutical company was able to extend the shelf life for one of its life saving liquid oncology medicines. Letโs see how this saved the company money, lowered the price of the drug and helped save lives.ย
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