Once you’ve got your new lean layout finalised, it’s time to convert this time saving into cost savings. Time is money! Consider a presentation to qualify your proposal showing the existing layout and the proposed layout. Highlight all costs of the project and then compare with time savings. To convert your time saving to a dollar amount, use the below formula.
Inventory management remains one of the single most effective ways to reduce costs and improve productivity in the lab. Depending on the size of your laboratory, you may need specialised software to manage inventory or for most laboratories, a simple Kanban trigger system will ensure that you will keep sufficient levels of inventory and never run out of stock. It will also assist with inventory demand fluctuations creating a pull system. In this article called 4 Tips to Manage Laboratory Inventory, we go over exactly how to set up a simple, but effective Kanban inventory management system. In short, the article goes over the following 4 areas:
1. Take Stock of Everything
2. Sort out your Minimum and Maximum Stock Levels
3. Get your Inventory Organised and Stored
4. Set up a Reorder System
Creating a lean laboratory doesn’t have to be a substantial undertaking, you can work in stages to get the lean laboratory that is going to put you ahead of the pack. Look at what is going to save you the most time, money, and resource and begin with those projects.
Looking to further discuss leaning up your laboratory?Speak to a lean consultant at Westlab on 1800 358 101.