CAMBRIDGE, Mass. (PRWEB) September 11, 2018 -- As he listened on the factory floor to a continuous improvement team reporting on a completed project, Lantech CEO Jim Lancaster suddenly had a sinking feeling.
“I’ve heard this before,” he thought. “In fact, I heard a team report about fixing the same problem with the same solution four years ago.” As Lancaster walked upstairs to his office, he wondered why the operational and financial gains from improvement projects disintegrated over time.
In a keynote at the Northeast Lean Conference, Lancaster, author of the Work of Management, will describe how Lantech, a successful early adopter of lean management, struggled over time to sustain lean management’s operational and financial benefits. The theme of the conference is “Profit from Lean.”
The 14th annual event, sponsored by the nonprofit GBMP, is expected to draw more than 600 executives, managers, and continuous improvement professionals to the Rhode Island Convention Center, Providence, RI, October 10-11, 2018.
The conference features four keynotes and more than 40 breakout sessions. Registration is open now at: http://www.northeastleanconference.org/nelean2018.html
In his keynote, Lancaster will reveal:
• Why fluctuations in hundreds of variables lead inevitably to the “silent enemy” of continuous improvement – process deterioration.
• How the Lantech team beat the “silent enemy” with a new system of daily management, based on overlapping daily and weekly cycles of standardized work activities that managers and executives at every level used to resolve frontline operational problems immediately.
• Why 60 to 90 minutes of daily, standardized management activities at the frontlines are a CEO’s most important minutes of the day and are the real work of management because they grow the business.
• How daily management and sustainable continuous improvement produce – and sustain -- dramatic positive results on the bottom line.
The complete story of how Lantech quadrupled profitability by making improvements stick is detailed in the "Work of Management," published by the nonprofit Lean Enterprise Institute, Inc. The book was recognized with the prestigious 2017 Publication Award from the Shingo Institute, part of the Jon M. Huntsman School of Business at Utah State University.
GBMP, based in Newton MA, has offered hands-on, customized lean and six sigma training in the Northeast U.S. since 1999. Its mission is to perpetuate a positive future for industry through successful implementations of continuous improvement principles and Toyota Production System values. As a licensed Shingo Institute affiliate, GBMP offers best-in-class Shingo Model™ training throughout the U.S. GBMP also provides a membership community, public workshops, benchmarking plant tours and an annual conference, and produces award-winning lean training materials, among them “Toast Kaizen,” the #1 lean training video in the world.
Lantech is known as the leader in stretch wrap technology and innovation, as well as case handling equipment. It has sales and manufacturing headquarters in Louisville, sales and manufacturing facilities in The Netherlands, and sales and service operations in Australia and China. Annual gross sales exceed $130 million.
Chet Marchwinski, Lean Enterprise Institute, http://www.lean.org, +1 (617) 871-2930, [email protected]
SOURCE Lean Enterprise Institute