Tag: Profit = Price – Cost
Lean Guy Drove a Prius For Two Years And…
... 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
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
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
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
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?
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
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
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
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
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
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
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...