Yem's "LifeScape" Co.

Yem's "LifeScape" Co. As a Provider of High-quality Household Supplies and Home Decor, our Company is Committed to Helping.

I AM WITH THIS, WHAT ABOUT YOU.?!
22/08/2024

I AM WITH THIS, WHAT ABOUT YOU.?!

The level of effort and detail in your purchasing strategy should match how important and risky the item is for your bus...
13/08/2024

The level of effort and detail in your purchasing strategy should match how important and risky the item is for your business. If an item is very important and has high risks, the purchasing process will be more complex. If it’s less important and low-risk, the process can be simpler. What is important to you, you spend time getting more details about it and you put in lots of effort to keep it if you know the uniqueness of it.

If the company covers a large percentage of its supplies from sources it owns, it will be in a much better negotiating p...
13/08/2024

If the company covers a large percentage of its supplies from sources it owns, it will be in a much better negotiating position to cover the remainder of its outside requirements than its less-integrated competitors. If you can do most of the things to get the job completed, you are in a good position. If you have most of the money before you reach out for financing, you are in a better position.

You are successful if you are doing morally correct things to take you toward your goal(s). Celebrate each objective (st...
06/08/2024

You are successful if you are doing morally correct things to take you toward your goal(s). Celebrate each objective (step) while keeping your eyes on the end product. Sometimes we can feel like we are not gaining grounds, that is not true, as long as we continue to work toward our goals.

LEAN THINKING.!1. Specify Value2. Map Value Stream3. Make Value Flow4. Pull back from the customer5. Strive for perfecti...
04/08/2024

LEAN THINKING.!

1. Specify Value
2. Map Value Stream
3. Make Value Flow
4. Pull back from the customer
5. Strive for perfection

Let's break down lean thinking into simple steps with practical examples:

1. Specify Value
What it means: Identify what is valuable to your customer. What do they really want?

Example: Imagine you run a pizza shop. Your customers value a hot, delicious pizza delivered quickly. So, the value is a tasty pizza, delivered fast.

2. Map Value Stream
What it means: Look at all the steps in your process to see how you deliver that value. Identify which steps add value and which don't.

Example: In the pizza shop, the steps might include:
Ordering ingredients
Preparing the dough
Adding toppings
Baking the pizza
Packaging the pizza
Delivering the pizza
If you find that waiting for the oven to preheat is a step that doesn’t add value (customers don’t care about this), then you can think of ways to reduce or eliminate this wait time.

3. Make Value Flow
What it means: Ensure that the value-adding steps happen smoothly without interruptions or delays.

Example: In the pizza shop, make sure you always have dough ready, ingredients prepped, and the oven hot. This way, when an order comes in, you can quickly put the pizza together and bake it without delays.

4. Pull from the Customer
What it means: Only produce what is needed when it is needed based on customer demand, rather than making a lot in advance and hoping to sell it.

Example: Instead of making 20 pizzas and hoping customers will buy them, you wait for a customer to place an order and then make their pizza fresh. This ensures that every pizza is made to order and nothing goes to waste.

5. Strive for Perfection
What it means: Continuously look for ways to improve your process. Even small improvements can make a big difference over time.

Example: After implementing the previous steps, you might realize that using a faster oven can reduce baking time by 2 minutes. Or you might find a way to train your staff to prepare toppings more quickly. Each improvement helps you deliver better value to your customers.

Summary with Practical Examples:
Specify Value: Customers want a hot, tasty pizza quickly.
Map Value Stream: Identify each step from preparing ingredients to delivering the pizza.
Make Value Flow: Ensure each step happens smoothly without delays.
Pull from the Customer: Make each pizza to order based on customer demand.
Strive for Perfection: Continuously find ways to improve the process, like using a faster oven or better training staff.
By following these steps, you can make your pizza shop (or any business) more efficient and better at delivering what your customers want.

I Am Left To Conclude; All Of Guyana Have To Die Before You Change Your Ways Of Calling Evil Good...
29/07/2024

I Am Left To Conclude; All Of Guyana Have To Die Before You Change Your Ways Of Calling Evil Good...

Guyana Police Force, We Will Never Believe Your Reports. Trust Is Out The Window And No One, In Their Right Mind, Will T...
29/07/2024

Guyana Police Force, We Will Never Believe Your Reports. Trust Is Out The Window And No One, In Their Right Mind, Will Trust You...

More Deaths And Yet Guyanese Are Still Calling Evil Good and Good Evil... WHEN WILL YOU STOP.?!
29/07/2024

More Deaths And Yet Guyanese Are Still Calling Evil Good and Good Evil... WHEN WILL YOU STOP.?!

The body of an unknown person was found in a trench in Skeldon / Line Path c moments ago...
28/07/2024

The body of an unknown person was found in a trench in Skeldon / Line Path c moments ago...

Barrat Jagdeo will never do anything about this. He is the father of corruption and murder in Guyana.
26/07/2024

Barrat Jagdeo will never do anything about this. He is the father of corruption and murder in Guyana.

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Enmore, East Coast Demerara
Georgetown
0592

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