Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Companies across all industries today are looking at value-added services and products and ...

What does it mean when something is non-value-added? When you look at a process, how do you know whether it’s the right ...

According to Jeffery Liker’s book, The Toyota Way, it’s estimated that most business processes are 90% waste and 10% value-added work. Value-added activities in a process are considered those that ...

Process Cycle Efficiency (PCE) is a simple calculation that will define what percent of your total processing time is consumed by waste. It will also show you where that waste is and how you might try ...

Food and beverage startups that lack the space and equipment to get ahead have a new way to scale up production without outsourcing to the mainland. The Wahiawā ValueAdded Product Development Center ...

The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system started. By Jenny Gross and Keith Bradsher Jenny Gross reported from London, ...