Tag: Profit = Price – Cost
Reducing Waste to Make Up for Higher Material Costs — Lessons...
As somebody who moved to Texas in 1999 ("I wasn't born here, but I got here as quick as I could"), I love Texas...
Having Higher Costs Doesn’t Mean You’re Entitled to Raise Prices
Apparently, we're at the time of year when companies send you the "we're sorry, but we're forced to raise prices" letter or email.
Nobody is...
Real Productivity Improvement vs. Pressuring Workers; Easier vs. Suboptimizing
When I was in England on vacation recently, I saw this column in the Financial Times:
Listen to your employees and so increase their productivity
And...
On Amazon, Publishers, and Book Prices
I'm an avid book buyer, book reader, and published book author. Amazon is one of my favorite places to shop, not just for books....
Lime Shortages, Cost, Price, and Lean
Limes are a very big deal here in San Antonio, between the cuisine and, of course, margaritas. Hint: life is too short to drink...
A Lean Guy Reads Inc.: Lean Handbags and Micro Failures
I enjoy reading the magazine Inc. for my interests in startups and entrepreneurship. There are often examples and case studies that directly reference Lean...
Less Margin, No Mission?
I've re-read this article a number of times: "Cancer clinics are turning away thousands of Medicare patients. Blame the sequester."
It's a sad situation -...
Google Nexus Q – Made in the USA
I'm not sure Google has much of a market for a $299 media player (with the AppleTV and Roku players being under $100), but...
Lean, Value & Waste: Better to be Creative than to Cheat...
I saw this article last week in the USA Today while traveling, with the online headline "Products nipped, tucked to save." That headline makes...
Doctor’s Office Raises Price Because They Can?
A common theme I've written about from the start of my blogging days is the Lean/Toyota notion that price is dictated by the market...
L.A.M.E. as Heard on NPR?
Oh no, it seems like a L.A.M.E. ("Lean As Misguidedly Executed") story on NPR's All Things Considered program. No wonder some people hate the...
Starbucks Pricing on Cost or Value??
Starbucks boosts prices on some beverages - USATODAY.com
There are no direct "lean" fingerprints on the news stories about Starbucks adjusting their prices, but let's...