NorthBridge Summer 2016 Newsletter

Lean Six Sigma Innovation

	Editor’s Welcome — Lean Innovation: The Art of Making Less Into More Continuous improvement in business is about more than just a set of operational principles to increase efficiency. It is a mindset, and a coprorate culture that is always geared towards finding better, more innovative solutions… Read more.
	JIT, TPS, and the Roots of Lean Six Sigma Lean Six Sigma is a management methodology that was proceeded by the ‘The Ford System’ and the ‘Just-In-Time’ (JIT) system that were developed to increase value in automotive manufacturing. Henry Ford developed the ‘The Ford System’ for producing the Model-T… Read more.
	Guest Editor Spotlight: Henry Foppoli As an Engineering Manager at NorthBridge Consultants for over five years, Henry manages a team of government funding specialists and assists clients in various industries such as automotive, plastics, tool and die, civil engineering, pulp and paper, oil and gas, and food… Read more.
	Lean, SR&ED, and Innovation Over the last century, Lean Six Sigma management principles have been successfully adopted by numerous companies of varying sizes and across diverse industries to gain an advantage in an extremely competitive environment… Read more.
	The Future of Lean Manufacturing Lean Six Sigma management philosophy was born in a manufacturing sector from the realization that much time and resources are wasted on transportation, unnecessary movement, idle time, defects, over-processed goods, overproduction and inventory… Read more.
	Creating Value in Transactional Businesses Lean Six Sigma emerged in a manufacturing environment, but there is a growing trend of companies in the transactional industry implementing Lean Six Sigma practices. A wide variety of businesses including banks, insurance companies, hospitals… Read more.
	Preventing Financial Losses in SMEs and Start-Ups Inspired by the high efficiency of large lean companies, small- to medium-sized enterprises, including start-up companies, have been adopting Lean Six Sigma management principles in order to develop high value processes with minimal waste… Read more.
	Enhancing Innovation in Large Companies One of the main challenges currently facing large established companies is maintaining a balance between achieving incremental product/service improvements with existing products/services for growing the current target market… Read more.
	Lean Innovation Leaders Today’s business leaders face a range of challenges from domestic and international competition to changing consumer needs and global economic turmoil. The demand for innovation, both on the shop floor and in the board room, is strong… Read more.