Tag: Profit = Price – Cost

Lean Guy Drove a Prius For Two Years And…

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... I wasn't impressed in the least. In my previous role as a consultant, I was given a company vehicle to use, even though...

Lean at Ariens – Cost *and* Value

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Ariens Co. clears a path for 75 years | Appleton Post-Crescent Considering Ariens was an inspiration for one of the leading Lean hospitals (ThedaCare), that's...

Tesco Understands Economics

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Sir Terry Leahy: The 'Robert Mugabe of retail' bites back - People, News - The Independent First off, that's a pretty nasty nickname, being called...

Toyota Raises Prices – Yep, That Same Excuse

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Toyota Bumps Prices For 11 Models | The Truth About CarsOk, since I was accused (rightfully so) of picking on just GM for this,...

"Successful" "Lean" Company "Forced" to Raise Prices

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Wenger Corp. Announces Price Increases - MarketWatchHarkening back to my earlier post about GM schizophrenically cutting AND raising prices (due to poor sales and...

Is GM Smoking Something?

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Industry News: GM To Offer Zero-Percent Financing, Raise Prices, Screen Hummer BuyersIt's very hard to figure out what GM is thinking these days. In...

Using Lean and Cost Reduction to Counter Rising Materials Costs

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E-Z-GO's Kevin Holleran 040608 - The Augusta ChronicleOn this blog, we often talk about the Lean concept that a company is not entitled to...

Learning from Restaurants

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Cutback Cuisine - WSJ.com:If you're a regular reader, you know I like to try to draw from non-traditional sources and industries. This article from...

United Adds $25 Fee for 2nd Bag

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Yahoo News StoryBy Mike R. Lopez:I saw this story about United Airlines charging customers to check a SECOND bag. Not the fifth or sixth...

Partly Correct on Rising Car Prices

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GM Expects Car-Price Rise - WSJ.comGM is raising prices:"In December, GM raised its prices an average of 1.5%..."This is great news if you're an...

Once Again, Prices are Set by the Market, Not Your Costs

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NPR: Airline Prices Depend on AirportI haven't harped on this theme for a while, but I was reminded of it from this NPR story...

P&G and Target Pricing: Working Back From the Market Price

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P&G's Global Target: Shelves of Tiny Stores - WSJ.com: Interesting article in the WSJ about how Proctor & Gamble has had to adapt its approach...
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