Abstract
The present article is substantiating the need of organization-management paradigm transition from cost (value)-based to that oriented on lead time reduction. The authors are presenting and describing basic provisions and assumptions of this approach and issuing recommendations on transition to time-oriented thinking. The paper is reflecting the impact of lead time reduction on basic indicators of economic effect and company efficiency. The authors proposed an indicator of unit (department, team, project) efficiency assessment and methods of using it.
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More From: IOP Conference Series: Materials Science and Engineering
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