Tag Profit = Price – Cost

Lime Shortages, Cost, Price, and Lean

Limes are a very big deal here in San Antonio, between the cuisine and, of course, margaritas. Hint: life is too short to drink “margaritas” with some corn-syrupy pre-made mix. All you need is tequila, lime juice, and agave nectar.…

Less Margin, No Mission?

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 – the federal government, via Medicare, has cut the reimbursement to cancer clinics for chemotherapy treatment…

Starbucks Pricing on Cost or Value??

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 talk about it anyway. One of Toyota’s contributions to the management world is the idea…