Tired of getting the same results from doing the same old thing? If you want different results you need to take different actions. Besides, the automotive industry is slowing down and it will be even harder to continue making sales. You might have to double your efforts to only make half the money. Is that what you want?
It is no surprise that sales reps are leaving the automotive industry to jump on the bandwagon of working from home on the internet. So many people from all walks of life are finally admitting that an online business run from home can not only be legit, but can also provide enough income to replace a career. The business and economic trends are taking people that direction. And the greatest money is always made where the trends are. But you have to be in front of the trends. You can’t wait too long or you will miss the boat.
Or you can keep working your tail off making your dealership a lot of money while you get pocket change for doing all of the work. There are ways to make $1,000 per deal or more with an online business. And this can even be done with having your system do most of the work, and in some cases your system will even close some of your deals for you.
What if you could replace your income without having to be outside, exposed to the elements and unpredictable weather? What if you did not have to commute? What if you could be with your family more? What if you could increase your income? What if you could create multiple streams of passive residual income, meaning that you would be making money whether you were working or not? What if you could build your income level to where you were making more in a month than the annual income of most other people?
This is all possible with an internet business run from your home. Take a serious look at what could be your new lifestyle.
Business processes are similar to a river flowing in a natural direction and carrying information from point A to point B. Value Stream Mapping (VSM) is one of the techniques used in Lean Six Sigma for identifying areas of waste that need to be avoided in both manufacturing as well as office business processes. Aside from identifying areas of waste, VSM also helps in streamlining business processes for achieving higher productivity. VSM is based on scientifically proven methods, making it necessary for organization to employ profession Six Sigma consultants (VSM specialists) during the implementation stage.
The Initial Process
Implementing VSM is a long drawn process where the first step involves mapping the current flow of materials or information in key business processes of an organization. The mapping is done with the help of flowcharts that depict the flow of goods or information from one end to another. The flowchart also contains information about the average time taken for the completion of various sub processes. For generating a comprehensive flowchart, consultants often gather inputs from business heads, floor managers or factory workers. While creating the flowchart, key sub-processes are highlighted using specific icons. This helps in pinpointing areas where waste and inconsistencies are happening. The flowchart also helps in understanding the complexity of a business process, which needs to be simplified for increasing efficiency.
Future State Of Value Stream Mapping
In the next step, VSM consultants discuss each step depicted in the flowchart with the management for finding out ways that would streamline and optimize the whole business process. In Six Sigma terminology, this is referred to as Future State Value Stream Mapping (FSVSM). A number of methods can be used during FSVSM process but only those need be selected that help in streamlining processes without affecting the day-to-day operations of an organization. One such method is Cellular Manufacturing, which can be used during FSVSM. Although it is a simple concept, it requires adequate planning on part of the consultants as well as the management. Takt Time is another method that is used for evaluating ‘lead-time’ of manufactured goods or services rendered. This method is commonly used in organizations where the main objective is to deliver goods or services in time, for e.g. courier companies. Another method is known as Kanban, which forms a part of Just In Time (JIT) manufacturing system. It helps in maintaining low inventory levels and work in progress without affecting the quality or volume of manufactured goods.
Effectiveness In Automotive And Other Manufacturing Industries
VSM has proven to be very effective in organizations that make use of large and complex assembly line manufacturing processes. Automobile manufacturing companies are probably the best examples as far as the effectiveness of VSM is concerned. Top automobile companies such as Ford and Toyota have successfully implemented VSM in their business processes, which has in turn helped these companies in manufacturing high quality products while reducing costs at the same time.
Although concepts of VSM are applicable in all types of manufacturing organizations, companies other than automobile companies may find it a little difficult to implement VSM word for word. Some consultants also feel that benefits associated with VSM are sometimes over-hyped when it comes to implementing VSM in non-automotive companies. Personal opinions may vary but what is certain is that VSM does help in reducing waste if implemented properly.