Tag: Profit = Price – Cost

Reducing Waste to Make Up for Higher Material Costs — Lessons...

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As somebody who moved to Texas in 1999 ("I wasn't born here, but I got here as quick as I could"), I love Texas...

Having Higher Costs Doesn’t Mean You’re Entitled to Raise Prices

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Apparently, we're at the time of year when companies send you the "we're sorry, but we're forced to raise prices" letter or email. Nobody is...

Real Productivity Improvement vs. Pressuring Workers; Easier vs. Suboptimizing

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When I was in England on vacation recently, I saw this column in the Financial Times: Listen to your employees and so increase their productivity And...

On Amazon, Publishers, and Book Prices

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I'm an avid book buyer, book reader, and published book author. Amazon is one of my favorite places to shop, not just for books....

Lime Shortages, Cost, Price, and Lean

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Limes are a very big deal here in San Antonio, between the cuisine and, of course, margaritas. Hint: life is too short to drink...

A Lean Guy Reads Inc.: Lean Handbags and Micro Failures

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I enjoy reading the magazine Inc. for my interests in startups and entrepreneurship. There are often examples and case studies that directly reference Lean...

Less Margin, No Mission?

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I've re-read this article a number of times: "Cancer clinics are turning away thousands of Medicare patients. Blame the sequester." It's a sad situation -...

Google Nexus Q – Made in the USA

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I'm not sure Google has much of a market for a $299 media player (with the AppleTV and Roku players being under $100), but...

Lean, Value & Waste: Better to be Creative than to Cheat...

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I saw this article last week in the USA Today while traveling, with the online headline "Products nipped, tucked to save." That headline makes...

Doctor’s Office Raises Price Because They Can?

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A common theme I've written about from the start of my blogging days is the Lean/Toyota notion that price is dictated by the market...

L.A.M.E. as Heard on NPR?

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Oh no, it seems like a L.A.M.E. ("Lean As Misguidedly Executed") story on NPR's All Things Considered program. No wonder some people hate the...

Starbucks Pricing on Cost or Value??

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Starbucks boosts prices on some beverages - USATODAY.com There are no direct "lean" fingerprints on the news stories about Starbucks adjusting their prices, but let's...