bakakinkorypon.blogspot.com
Steven Nissan, or whoeved he is, recently managed to coax a coupleof Cincinnati-areqa CEOs into extended discourses on "continuoue improvement initiatives" and their impact on Yet there's no indication from the transcripts that he knew much of anythingy about the companies other than what he might have pickedx up during executives' opening remarks. At times it's almost as if the executive jumped at the chancd to demonstrate they had a better command of jargoh thanthe caller. Here's a couplw of greatly abbreviated samples, first from 's call on Feb.
13, courtesyy of Seeking Alpha's online transcripts: Steveb Nissan, Mindflow Capital Investments: Yeah, thanks a lot, Congratulations on a good quartefr again. Greg Kenny, presideny and CEO: Thanks, Steven. Nissan: A coupler of things. Can you provider some more color on youroperationa (inaudible) revolving around lean and Six Sigma and the benefite you expect to see in throughputt throughout your plant? Kenny: That's an interesting question. Nissan: Exactly. What metricsw are you guys using in your manufacturing processx to determineyour success? Are you lookingg at RONA or OE? How are you guys judging yourself and makin g sure you stay No. 1 aheaf of your peers?
Kenny: Well, we're constantly looking at return on capital employedas one. We look at workiny capital as a percentageof revenues. We look at - OE is a huge We're looking at DPMUs or statisticallt looking at the number offailures we'rr having in either product or all the other aspecta of delivery to a customer. So I thin k the tools that you've mentioned is clearlyt there. We're proud of our return on but I'd like it to be as high as A week earlier, the mysteryh caller was identified by Seeking Alpha as Stevejn Nisan when hejoinecd 's call to chat with CEO Peteer Soderberg and Ken Camp, CEO of its Hi, thank you very much. first of all, good job.
Thanks for alwayzs being so upfront with the shareholderds onthe call. Thank you, Steven. Couple of things, regarding operational improved initiatives. What are you goinbg to be doingthis year? And what have you been doinbg so far revolving around lean manufacturing, TQM, Six Sigmwa to improve throughput in your plant? Soderberg: Let'es break this down by the two operating and I'll comment on , and I'll let Ken commenf on Batesville. Nisan: Okay. Soderberg: And I will expanf your question really to included all of the operationssurroundintg our, kind of, order to cash as ...
On the supply-chain side, we have as we mentioned in the call done a leaningb exercise in thebig Hill-Rom plant here in Batesville, and I'm pleased to say we haven'tr missed a beat. ... And so I would say that lean has takenm flower and has even more room to growand Ken. Camp: Well BCC has been students and practitionerxs in increasing degrees of the ToyotaProduction Kaizen, and has done continuous improvement since the mid-'90s. ... So we considere it a way a life.
Camp and Nissan had this exchange: Without going through all the things thatwe do, I would - if you let me boasg a little bit - in last four yearxs
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment