Monetizing the VSM / Shopfloor Return on Investment

Description:

Are you asked to justify lean improvement projects by showing Return On Investment (ROI)? Do you need to determine before lean implementation begins what the savings could be? Have you tried to put dollar values to value stream improvements? This workshop will also explore how to monetize your value stream improvement impacts using the Plan-Do-Check-Act (PDCA)/scientific method to provide a learning approach to achieve targeted goals.

Learner outcomes: Identify and justify lean implementation initiatives by:
  • Using value stream mapping
  • Calculating Return-on-Investment financial impacts
  • Highlighting non-financial benefits for long-term viability

Prerequisites:

Course Section Add to Shopping Cart
Course: CELM 125-00
Term: 1373
Section Number: 1
Schedule Number: 18647
Instructor(s): Richard Fleming
Location: Leslie E. Tassell M-TEC Rm 202, 622 Godfrey SW, GR MI 49503
Dates: June 14, 2019 (Fri., 8 a.m. - 12 p.m.)
Units: 0.4 CEUs
Contact Hours: 4.0 Contact Hours
Seats Remaining: 8
Required Fees: Price
Registration Fee (with CEUs)$312.50