Episode 113

The Business Model of Lean with Jim Huntzinger


May 3rd, 2023

34 mins 26 secs

Season 3

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About this Episode

Augmented reveals the stories behind the new era of industrial operations, where technology will restore the agility of frontline workers.

Jim Huntzinger, President of Lean Frontiers, joins us in this episode for a deep dive into the lean business model and all things lean accounting. We explore value stream versus product costing, the importance of lean coaching, the principles of Toyota Kata, and how these strategies can drive processes improvement and product development simultaneously. Throughout the conversation, we examine the value of transforming traditional business practices and the potential impact on organizational decision-making and growth.

If you like this show, subscribe at AugmentedPodcast.co. If you liked this episode, you might also like Episode 108: Lean Operations with John Carrier, or Episode 84: The Evolution of Lean with Torbjørn Netland. Augmented is a podcast for industry leaders, process engineers, and shop floor operators, hosted by futurist Trond Arne Undheim and presented by Tulip.

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Trond’s Takeaway:
The lean business model is attractive to many manufacturing firms and still elusive to some of them, despite many examples of the principles in action popping up constantly. The business community should still spend more time on the interface between tech, logistics, and IT, and how all of that might interface with lean accounting. Strikingly, what we might think of as lean companies don't necessarily use lean practices across their business.