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Lean Manufacturing: Improve Business Efficiency & Maximize Profits (Pt. 1)

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Cutting costs and reducing waste-that’s something that sounds good to any business owner. Using lean manufacturing allows you to do both. That’s what Joe Pilat did, putting lean principles in practice to grow his startup, Joe’s Gaming and Electronics, into a multi-million dollar company.
The concept of lean manufacturing was first introduced by entrepreneur Paul Akers. In today’s interview, we’ll find out how lean thinking has improved Joe’s profit margins, product quality, and customer service, along with the challenges and benefits of implementing it on a day-to-day basis.
Every new hire at Joe’s GE learns to think lean, and we’ll find out how this affects his hiring and training, as well as how his staff has responded.
Lean concepts can be applied to businesses of every size. Today, we’ll talk to Joe about how his business has changed as it grew from a one-man operation to a staff of more than 30.
He’ll talk about must-have tools for lean manufacturing and how to use them for maximum effect. You’ll also hear his secrets for continuous improvement and how he makes sure Joe’s GE is getting better on a daily basis.
And before you go, don’t forget to like the video and subscribe to the UpFlip channel for more interviews like this one!
Here's the link to Part 2: • Lean Manufacturing: Im...
Don’t forget to click like if you learn something from watching it, and subscribe to the UpFlip channel to see our latest videos!
Resources:
bit.ly/3Wk5aJv - Start or Grow Your Business with UpFlip Academy
www.joesge.com/ - Find Out More About Joe's Electronic Business
Timestamps:
0:00 Intro
1:48 Joes story
3:15 How lean was discovered
4:16 How lean changed Joe’s business
6:08 Favorite implementation of lean
7:20 Impact of lean on margins
8:38 Daily activities
9:21 Lean manufacturing tools
10:46 Showing the process
11:35 Customer service
13:08 Lean principles
13:43 Reminder to viewers
15:21 Outro
#leanmanufacturing #leanmanagement #leanproduction

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