Lean

Dinant Expands Training on Security and Human Rights

Retrieved on: 
Friday, March 10, 2023

Tegucigalpa, Honduras, March 10, 2023 (GLOBE NEWSWIRE) -- With the increase in armed trespassing in Honduras, Dinant has extended its security and human rights training to local communities and authorities.

Key Points: 
  • Tegucigalpa, Honduras, March 10, 2023 (GLOBE NEWSWIRE) -- With the increase in armed trespassing in Honduras, Dinant has extended its security and human rights training to local communities and authorities.
  • Roger Pineda Pinel, Dinant’s Director of Corporate Relations and Sustainability, said, “In 2022, Dinant trained 2,790 people, including 844 women, on the Voluntary Principles on Security and Human Rights.
  • And we have extended our training beyond our security guards to include sales staff as well as members of our local communities and public authorities.
  • We are determined to keep our employees and neighbors safe during these times of increased insecurity.”
    In total, Dinant undertook 3,055 hours of security and human rights training in San Pedro Sula, Comayagua, and the Lean and Aguan valleys.

Burnie Group partners with Lean In Canada to empower women in management consulting

Retrieved on: 
Wednesday, March 8, 2023

Partnering with Lean In Canada will support Burnie Group’s goal of empowering women to succeed in the management consulting industry and bringing more women into the organization.

Key Points: 
  • Partnering with Lean In Canada will support Burnie Group’s goal of empowering women to succeed in the management consulting industry and bringing more women into the organization.
  • Burnie Group’s partnership with Lean In Canada will focus on education and better communication about the barriers and biases impeding women in their careers.
  • Lean In Canada volunteers will also provide advisory support and work alongside Burnie Group to refine its recruitment practices.
  • David Burnie, Principal and Founder of Burnie Group, says, “We look forward to ensuring women have a place at our leadership table by working with Lean In Canada.

Catalent Appoints Sridhar Krishnan to Lead New Global Operational Excellence Strategy, “The Catalent Way”

Retrieved on: 
Monday, March 6, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230306005036/en/
    Sridhar Krishnan, who joins Catalent as Vice President, "The Catalent Way", which is a company-wide transformation based on Lean principles and designed to drive sustainable execution excellence.
  • Mr. Krishnan will work alongside senior executives across the company’s business segments, and more than 50 global facilities, to implement this strategy.
  • He has over 20 years of operational leadership experience within the CDMO space, including as Vice President of Global Operations, and subsequently as Vice President, Global Procurement & Business Analytics at Catalent.
  • We welcome him back to Catalent, in a role where he will provide the key strategic focus necessary to not only establish new standards of excellence at Catalent, but within the pharmaceutical industry.”

Hilco Performance Solutions Expands its Advisory Practice with the Addition of Two Associate Directors, Steve Savoy, and Frederic Vanlinthout

Retrieved on: 
Tuesday, March 7, 2023

In announcing the additions, Steven Tanzi, President of Hilco Performance Solutions said, "We are very excited to add these two outstanding individuals to HPS. They are the ideal combination of advisory experts and industry practitioners to be hands-on client partners. Steve is focused on operations and procurement and Frederic on finance and strategy.  Both-- together with our existing HPS team—will provide problem-solving, issue resolution, process improvement, help our clients execute more quickly and develop new skills in their organization, and improve financial results."

Key Points: 
  • An operating company of Hilco Global, HPS helps clients simplify and streamline business processes and improve operational efficiencies.
  • In announcing the additions, Steven Tanzi, President of Hilco Performance Solutions said, "We are very excited to add these two outstanding individuals to HPS.
  • They are the ideal combination of advisory experts and industry practitioners to be hands-on client partners.
  • Steve is focused on operations and procurement and Frederic on finance and strategy.

Lean and green: Lean principles and modern material handling systems can improve vertical farm efficiency, says Ultimation Industries

Retrieved on: 
Tuesday, February 28, 2023

ROSEVILLE, Mich., Feb. 28, 2023 /PRNewswire-PRWeb/ -- Lean manufacturing has long been a way for industrial companies to improve efficiency and productivity, and the same principles can be applied successfully to vertical farming operations, according to Ultimation Industries. Ultimation is the leading direct-to-consumer conveyor manufacturer, specializing in solving productivity challenges with fast-to-deploy solutions for the vertical farming, food processing, automotive, heavy equipment, warehousing, fulfillment and delivery sectors.

Key Points: 
  • "One way to do that is to apply 'lean' principles and technologies that build efficiencies right into the infrastructure, such as modern material handling systems."
  • The vertical farming industry is projected to grow from over $4 billion in 2022 to nearly $21 billion in 2029.
  • Strategic implementation of conveyor solutions can be used to target the Lean principles of eliminating waste, fast delivery and optimizing operations.
  • Ultimation has worked with many of the leading players in the industry and can help with early-stage development work relating to the material handling systems, structural supports, drainage and other farm mechanical systems.

Intevac Announces Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Wednesday, February 1, 2023

Revenues were $11.3 million, compared to $15.9 million in the fourth quarter of 2021 and $10.8 million in the third quarter of 2022, and consisted of HDD upgrades, spares and service for each period.

Key Points: 
  • Revenues were $11.3 million, compared to $15.9 million in the fourth quarter of 2021 and $10.8 million in the third quarter of 2022, and consisted of HDD upgrades, spares and service for each period.
  • Gross margin was 44.3%, compared to 3.6% in the fourth quarter of 2021 and 45.5% in the third quarter of 2022.
  • Operating expenses were $8.3 million, compared to $7.3 million in the fourth quarter of 2021 and $8.1 million in the third quarter of 2022.
  • The non-GAAP net loss for the fourth quarter of 2022 was $3.2 million, or $0.13 per diluted share, compared to the non-GAAP net loss for the fourth quarter of 2021 of $6.3 million, or $0.25 per diluted share.

Applied Industrial Technologies Releases Fifth Edition Maintenance Supplies & Solutions Master Product Catalog

Retrieved on: 
Tuesday, January 31, 2023

Applied Industrial Technologies (NYSE: AIT) has announced the availability of its fifth edition Applied Maintenance Supplies & Solutions® (Applied MSSSM) Master Product Catalog.

Key Points: 
  • Applied Industrial Technologies (NYSE: AIT) has announced the availability of its fifth edition Applied Maintenance Supplies & Solutions® (Applied MSSSM) Master Product Catalog.
  • This new full-line catalog features more than 47,000 of the industry's best and most innovative maintenance products specifically selected for Maintenance, Repair, Operations and Production (MROP) customers.
  • Its diverse product selection ranges from Fasteners, Fittings & Hose, Transportation, Paints & Chemicals to Cutting Tools & Abrasives, Shop Supplies, Electrical, Welding, Janitorial, Safety, and more.
  • “The latest Applied MSS Master catalog includes many expanded product lines, demonstrating our broad array of product offerings to maintenance professionals across the country,” says Jim Laprade, Division General Manager – Applied Maintenance Supplies & Solutions.

Antora Energy Begins Production of Highly-Efficient Thermophotovoltaic (TPV) Cells in New 2MW Manufacturing Facility

Retrieved on: 
Tuesday, January 24, 2023

With these milestone achievements, Antora is poised to revolutionize energy conversion and storage, which are critical for industrial decarbonization and achieving net zero.

Key Points: 
  • With these milestone achievements, Antora is poised to revolutionize energy conversion and storage, which are critical for industrial decarbonization and achieving net zero.
  • Antora’s innovation will enable cost-effective, large-scale replacement of the fossil fuels used in today’s manufacturing processes for heat and power.
  • It’s the fastest, least expensive path for the industrial sector to get to net zero,” said Andrew Ponec, co-founder and CEO, Antora Energy.
  • In 2021, Antora received funding from the California Energy Commission to build a TPV manufacturing line in California.

The Efficiency Group LLC Launches New Lean Six Sigma Yellow Belt Certification Online Course

Retrieved on: 
Thursday, February 9, 2023

ARLINGTON, Va., Feb. 9, 2023 /PRNewswire-PRWeb/ -- The Efficiency Group LLC announces the release of the new Lean Six Sigma Yellow Belt Certification online course available at http://www.efficiencygrouplearning.com.

Key Points: 
  • New Lean Six Sigma Yellow Belt Certification online course presents a range of strategies with an emphasis on their practical utilization.
  • The Lean Six Sigma Yellow Belt Certification online course presents a range of Lean Six Sigma strategies with an emphasis on their practical utilization.
  • "We developed the Lean Six Sigma Yellow Belt Certification online course using our proprietary HELIX technology.
  • The Lean Six Sigma Yellow Belt Certification is ideal for Branch Chiefs, Division Directors, Office Directors, and other managers in government agencies and service organizations.

Global Outerwear, Sportswear and Protective Equipment Specialist, VT Garment Improves Productivity by 95%, Plan Accuracy by 92% and Increases its OTDP by 50% with Coats Digital's FastReactPlan

Retrieved on: 
Wednesday, February 8, 2023

BANGKOK, and LONDON, Feb. 8, 2023 /PRNewswire/ -- Coats Digital is delighted to announce that following the adoption of Coats Digital's FastReactPlan solution, award-winning, global manufacturer of outerwear, sportswear and specialised protective equipment, VT Garment Co. Ltd., has realised an unprecedented 95% productivity improvement; increased its capacity plan accuracy by 92%; and doubled its On Time Delivery Performance. The solution has also optimised overall planning time by 57%; reduced time spent loading orders by 67% and significantly reduced people hours spent recording plan variations from 4 hours to just 10 minutes. Since the implementation, the company has additionally eliminated unnecessary overtime staff hours altogether and boosted staff morale by simplifying the often challenging and stressful task of planning which had negatively impacted the whole business.

Key Points: 
  • The adoption of FastReactPlan, the market-leading solution for production planning and control, was instrumental in helping VT Garment secure the coveted 'Golden Award' at the 'Thailand Lean Award 2017, '.
  • Award winners serve as exemplary leaders to others who are looking to adopt lean management for quality, savings, delivery and speed.
  • Chalumpon Lotharukpong, Managing Director, VT Garment, said: "Manually creating each plan would take an average of one hour per plan.
  • The solution has enabled VT Garment to easily compare different plans and select the most optimal option based on factors such as cost, efficiency and delivery time.