Factory Physics, Flow, and the Myth of “Efficiency” — with Dr. Mark Spearman *
Lean Blog Interviews: Real-World Lean Leadership Conversations in Healthcare and Beyond
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Show Notes
Show notes: https://www.leanblog.org/25
Remastered July 2021
For Episode #25, I'm pleased to have Dr. Mark Spearman, Founder and President/CEO of Factory Physics, Inc. (www.factoryphysics.com). You may know Dr. Spearman from his book, co-authored with Dr. Wally Hopp, Factory Physics. If there is ONE operations management textbook to own, this is it (it's well worth the cost). I was fortunate, as an Industrial Engineering undergrad at Northwestern, to take Dr. Spearman's operations course. The introduction given about Lean and the Factory Physics / Little's Law concepts (among others) have served me very well during my career. In the Podcast, we talk about his company, Factory Physics, and the work he is doing today in the manufacturing world.
Show Notes, Links, and Keywords Episode #25
- Keywords: Throughput, Lean Six Sigma, Lean, WIP, work in process, continuous improvement, variation, flow, Dell Computer
- Dr. Spearman explains The 3 Buffers: Inventory, Time, and Capacity