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The LightHouse Exercise: In Action
“You've got to be very careful if you don't know where and how you're going, because you might not get there.” – Yogi Berra Organizations cannot survive and flourish for a very long time without some basic goals. Goals give an organization a purpose and direction to move towards. Several organizations have declared goals and few others don’t have explicitly set goals. Organizations invest energies in SMART goal setting and yet end up not achieving it. For a very simple...
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6 Basic Principles of Production Planning
The planning for any organization forms the backbone of production process. Planning of productions helps organizations to understand the situation at the Gemba better. Effective planning facilitates to book the entire capacity and also assists in committing accurate delivery time frames to the customers. At its core, production planning represents the beating heart of any manufacturing process. Its purpose is to minimise production time and costs, efficiently organise the use of resources and maximise efficiency in the workplace. Production planning...
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Faber Infinite – Finalist at Red Herring Global Award
Faber Infinite has been selected as a finalist for Red Herring's 2014 Top 100 Global award, a prestigious recognition honoring the year’s most audacious and far-reaching private technology companies and entrepreneurs from across the globe. The Red Herring editorial team selected the companies demonstrating the most innovative technologies and business models originating from over 1,000 companies from more than 40 nations. These companies, representing past Red Herring Asia, Europe and North America awards, are judged on a range of qualitative...
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Transformation Launch: A Glimpse
Change does not roll in on the wheels of inevitability, but comes through continuous struggle. And so we must straighten our backs and work for our freedom. A man can't ride you unless your back is bent. - Martin Luther King, Jr. There is no correct day or date to initiate change. Its setting in is inevitabile. However, one has to be prepared and keep the back straight to manage the change.  Recently team Faber Infinite launched the initial stage...
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Eat That Frog..!
Book Summary - Eat That Frog By Brian Tracy The book helps readers understand the importance of managing our priorities and contains many highly practical and easy to implement suggestions for improving our effectiveness and ultimately to achieve our goals. In particular it focuses on the need to eliminate procrastination when completing key tasks. The title of the book is inspired by Mark Twain who once said that if you start the day by eating a frog you would have...
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Inventory Management – Delivered!
Faber Infinite and Confederation of Indian Industries (CII) Indore conducted a training workshop for the industry managers on Materials/ Inventory Optimization and Management, to learn best practices toward achieving effective inventory management. The objectives of the program: - Understanding of Materials/ Inventory management; the need, drivers & the factors weighing it down - To establish the systematic framework of Materials/ Inventory management with different models and guidelines - Strengthening Inventory Management Practices It was attended by more than 30 participants...
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Training program on “Reduce Cost, Not Margins”
Faber Infinite is glad to announce first of its kind training program on "Reduce Cost, Not Margins" - Advance Lean Tools for Engineering Industry at Baroda on 21 August, 2014. Details of the Training Program: One-Day Training Program “Reduce Cost, Not Margins” Advance lean tools for Engineering Industry Does your organization face following problems during your daily Operations? - High Lead time - Frequent delays in supply of material - Uncertainty during planning stage - Material stock out at one...
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Franchisee Audits: Lever for Growth
The success of any franchised business depends largely on the ability of the franchise system and the franchisees to each meet the important responsibilities placed on them. For the system, those responsibilities include perfecting the concept, running the system, and promoting concept growth. There is no doubt that franchisees typically keep a close eye on how their franchisor runs the system, to ensure that proper investments are being made into the concept and that the concept is being properly run...
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Lean Facility Design: Benefits Plenty!
While taking a Gemba (real workplace) Walk at India’s largest bone china manufacturer, huge scope of improvement was foreseen by the transformation project team. Having said that, it is noteworthy that the client has massive space, excellent products and some big names in the kitty to cater in the bone china market. As a part of the transformation journey towards world-class setup, the project team rolled out the Lean Facility Design (LFD) exercise. What is Lean Facility Design (LFD)? 1....
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