Business Tips
What You Need to Know About Value Streams
Value streams, at their ideal notions, are defined by the sequential processes a business uses to create solutions that provide the best possible quality and value added to people and society. Value streams can either deliver the end customer value directly or support internal business processes to achieve this. Lean methods focus intensely on the ... Read More
January 9, 2018 lean, lean business, value
Business Tips
Product Bundling: How to Take Advantage of Value and Convenience to Drive Sales
Almost any consumer will recall a time that they’ve gone to a store or visited a retailer’s store with the intention to buy one product, only to buy a second or even third product in the same visit. Product bundling is a simple but time-tested strategy, whether your business is a major retailer or boutique […] ... Read More
July 27, 2017 inventory management, overstock, product bundle, product bundling, value