Sources of Cost Savings - Waste takes on many shapes and forms

Marc

Hunkered Down for the Duration
Staff member
Admin
#1
From: (JohnN486)
Newsgroups: misc.industry.quality
Subject: Re: Cost Saving
Date: 04 Jul 2000 15:56:23 GMT

Waste takes on many shapes and forms. It can be associated with, but is not limited to:

Wasted time.
Wasted materials or parts.
Unplanned equipment downtime.
Scrap production.
Poor quality.
High overtime.
Absenteeism.
Accidents.
Inventory.
Obsolete equipment, sitting around and taking up space.
Poor communications.
Stocked tools that haven't been used in years.
Things you see in trash bins, that are still usable; i.e., nuts, bolts, pipes,
etc.
Environmental fines.
Missed customer shipments.
Customer complaints.
Misdirected freight.
Old problems keep reappearing.
Redundancies and duplication of work.
Misdirected efforts.
Wasted time on nonessential activities.
All things that have to be redone.
Accounting errors.
No parts in warehouse, to include wrong or bad parts.
Excessive paperwork.
Computer, LAN or system down-time.
Not receiving the right training to do a good job.
Substandard equipment that always is in the maintenance shop
Etc., etc., etc.
 
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