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Rid Your Business of Waste

Friday, July 22 from 3:30 p.m. – 5:00 p.m.

Session Code: FR73

Track: Safety & Environment

Speaker: Davis M. Woodruff, Management Methods, Inc.

Every business has waste.  Do you know how much and where to look for yours? When the entire value stream is considered, the cost of waste mounts quickly. Process scrap, re-worked products, re-done reports, wait time, wasted energy and increased environmental impacts all add to your “cost of waste.” Reducing waste is the result of understanding your business processes, identifying where waste occurs and taking action to eliminate or reduce the causes. This requires analyzing processes, systematically attacking waste and commitment to continuous improvement via a structured approach.  The gains you can make by eliminating waste translate directly into reduced costs, increased productivity and improved profits.  By using the information, checklists and flow charts provided, attendees will gain the tools to identify sources of waste and determine waste management metrics that make operational and financial sense.

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