How to improve yield and reduce costs of manufacturing with PRIZ Innovation Platform

There are two most critical parameters of manufacturing – production yield and product cost. Managers task their teams to reduce the cost and improve the yield, but both parameters are strongly linked. They together look like a swing for kids. The linkage between yield and cost is very well known; nevertheless, people are trying to improve those parameters in isolation. This article discusses two significant strategy vectors: production yield improvement and product cost reduction. Traditional approach The management defines two targets: Increase production yield Reduce product cost Managers of lower-level begin to set up projects trying to achieve each target….

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Don’t fix it if it’s broken

We all remember the well-known aphorism by Robert Atkins “Don’t fix what’s not broken.” The meaning is clear – do not change something that works well. Let’s take it to the next level as innovators and problem-solvers: “Don’t fix what’s broken.” Indeed, do we really need to fix something that is not working well? Why should not we fix what’s broken? Fixing something is the most expensive and the least productive process. The only goal of fixing the broken part is to get it back to where it was before, to return it to the previous state. Fixing is an…

Kaizen your organization with PRIZ Innovator

The term Kaizen originated from Japan. The meaning of the word Kaizen is “change for the better.” Over time, Kaizen became one of the leading business philosophies and converted into a competitive strategy – continuous improvement. Both words are critical Continuous means that there is no gap between projects – the end of one project initiates the another Improvement means that the change for the better refers to everything, everyone, everywhere. For a better chance to succeed with your business, you should implement Kaizen as a way of life. PRIZ Innovator & Kaizen PRIZ Innovator helps organizations to implement and…

How Creative Thinking Tools Help Us To Solve Problems

As problem solvers, we are typically surrounded by a “wall” of psychological inertia. This keeps us within the boundaries of the previous experience. In other words, psychological inertia always pushes a problem solver to “look for a lost wallet under a streetlight.” In this post, we want to show how problem-solving (or creative thinking) tools can help us break through this wall of psychological inertia. What are these problem-solving tools for? As mentioned above, problem-solving tools, or sometimes referred to as creative thinking tools, help us break through the “wall” of the psychological inertia and enter the field of new…

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