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Factory Physics for Managers: How Leaders Improve Performance in a Post-Lean Six Sigma World

Factory Physics for Managers: How Leaders Improve Performance in a Post-Lean Six Sigma World [Kindle Edition]

Edward S. Pound , Jeffrey H. Bell , Mark L. Spearman

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Product Description

Product Description

From the award-winning developers of Factory Physics—a powerful leadership guide for breakthrough performance

A comprehensive guide that cuts through the hodgepodge of copycat initiatives, overblown buzzwords, confusing mathematics, and misguided software, Factory Physics for Managers is a breath of fresh air for operations managers and executives.

Written by the leaders and experts behind the bestselling Factory Physics, it’s a brilliant crash course in the practical science of operations designed to help you:

  • Achieve best possible profit, cash flow, and customer service
  • Attain highest return with existing Lean, Six Sigma, and ERP initiatives
  • Manage your capacity, inventory, response time, and variability with high predictability
  • Simplify management of complexity using existing IT systems
  • Use the fundamentals of science to ensure your operation’s success
  • See your company and procedures more clearly
  • Improve intuition, decision making, and strategy execution

A strategy of imitation is not much of a strategy. Most every company uses the common continuous improvement initiatives. This highly accessible guide addresses but goes beyond other business approaches such as Lean, Six Sigma, and Theory of Constraints by offering a customizable plan that you can apply to any manufacturing-based industry or supply chain.

You’ll discover invaluable tools for developing operations strategy and driving execution by using practical science to assess your procedures, target problems, and find solutions. You’ll learn essential life lessons from the best—and worst—practices of corporate leaders like Toyota and Boeing. You’ll find ingenious new ways to improve your leadership by predictively managing the tradeoffs that every operation faces—whether it’s more or less inventory or capacity, higher or lower customer service, or more or fewer products.

Using this approach, you can tackle these natural conflicts in business through a practical, comprehensive science of operations.

Factory Physics for Managers makes it easier to choose and execute the best strategy for better productivity—and even bigger profits.

Praise for Factory Physics for Managers

Factory Physics for Managers is a proven path to flawless execution and results. Leading vs. following in our industry is predicated on the relentless pursuit of putting order to chaos. Factory Physics science and CSUITE software have given our organization the ability to plan, predict, model, and execute based on explosive growth and rapid-fire, dynamic changes to our business model. In our case, history is not a good predictor of the future, so we need to deploy our resources wisely, and the Factory Physics approach has helped us do just that.”
—Larry Doerr, COO, Stratasys

“Shows how the science behind Lean initiatives can greatly improve results in terms of productivity and resources.”
—Bill Fierle, Vice President and General Manager, TopWorx, Emerson

“Brings powerful, accessible science to operations management. The Factory Physics playbook enables me to lead the harnessing of our data more effectively for modeling, planning, control, and feedback. Armed with the concepts, common language, and tools in this book, I can partner with operations’ leadership to impact the bottom line.”
—Jeffrey Korman, CIO, Hu-Friedy Mfg LLC, Chicago

About the Author

Edward S. Pound is Chief Operations Officer at Factory Physics Inc.
Jeffrey H. Bell is a managing partner of Arc Precision, a supplier of precision-engineered components to the medical device industry, and he serves on the advisory board of FactoryPhysics Inc.
Mark L. Spearman, Ph.D., is the founder, president, and CEO of Factory Physics Inc. and coauthor of Factory Physics.

Product details

  • Format: Kindle Edition
  • File Size: 8362 KB
  • Print Length: 304 pages
  • Simultaneous Device Usage: Up to 4 simultaneous devices, per publisher limits
  • Publisher: McGraw-Hill; 1 edition (1 April 2014)
  • Sold by: Amazon Media EU S.à r.l.
  • Language: English
  • ASIN: B00J0AT7PA
  • Text-to-Speech: Enabled
  • X-Ray:
  • Amazon Bestsellers Rank: #447,559 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

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Most Helpful Customer Reviews on (beta) 4.6 out of 5 stars  7 reviews
3 of 3 people found the following review helpful
4.0 out of 5 stars Tough sledding but worth the effort 29 May 2014
By Amazon Customer - Published on
Format:Hardcover|Verified Purchase
Every once in a while a book comes along that within ten pages you know you're going to read it over and over again, and get something new out of it every time. Factory Physics for Managers is one of those books. To say it is dense is like saying perpetuity is a really long time. But it is also profound in the insights it offers into the natural tendencies of processes and systems. I especially enjoyed its take-no-prisoners perspective on Lean, Six Sigma and Theory of Constraints - the holy trinity of process improvement approaches that have taken on the status of religions in their own rights. I would say this is a must read for anyone involved in decision making in manufacturing. Translating its principles for transactional sectors will be more difficult, but well worth the effort. As always, the main difficulty will be getting the data necessary for the fundamental equations to become powerful tools for you.
1 of 1 people found the following review helpful
5.0 out of 5 stars Managers guide to process improvement 25 Jun 2014
By T. Hall - Published on
Format:Hardcover|Verified Purchase
This newest book in the Factory Physics series takes a different approach than the first book. While the first book is a classic within industrial engineering and management science circles, this book takes up the cause from a managerial perspective. Appreciate the authors distinction between science and math: we can solve problems using the scientific method and logic. While a formula applied properly will produce results, they make the poin that you need to frame your process improvements against organizational strategy and clear goals.

Great read for anyone seeking fresh thinking on reducing waste in operations from manufacturing to healthcare.
1 of 1 people found the following review helpful
5.0 out of 5 stars Great book - the new must read for manufacturers 2 Jun 2014
By Chris Hamm - Published on
Format:Kindle Edition|Verified Purchase
There are now 2 books every manufacturer must read - "The Goal" and Factory Physics. A great book - material covered is essential for anyone working as a manager in a manufacturing facility. I am a student of lean and think it is a wonderful philosophy - however, it can do nothing for you if you don't understand the fundamentals outlined in this book. So many companies try to implement lean and fail - not because lean doesn't work - but because lean requires a healthy foundation to build on. Factory Physics will help you build that foundation - then you can benefit from lean or six sigma or both. Short of that, you are wasting your time with improvement philosophies.
5.0 out of 5 stars Five Stars 13 July 2014
By Rech, Roland - Published on
Format:Hardcover|Verified Purchase
competent and well&easy to be understood
5.0 out of 5 stars Providing the 'why' for lean managers. 16 Jun 2014
By stuart rumple - Published on
Format:Hardcover|Verified Purchase
Offers up a scientific approach to the lean culture. Explains in scientific,verifiable terms the do's and don'ts of the Toyota Production System. Gives a manager away to analyze the SWAG of management.
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