The first part of the QRM E-Learning course is about the power of time. Time, and more specifically lead time, costs a lot more money than we all think. Especially when you unravel the lead time in ‘processing time’ and ‘waiting time’, then you will be amazed by the relationship between the two.
Yet we traditionally focus on the processing time, and usually only on the processing time in ‘production’. What do we do with the waiting time though? Do we know which costs are all associated to this?
In this course we will elaborate on these waiting times, or ‘white spots’, and you will become fully equipped to be able to reduce or even eliminate these white spots.
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