This video has been generated with Vyond, a very powerful tool which I strongly recommend for any of you that want to create videos such as mine. Please follow the link for more details: tracking.goanimate.com/SHE8
Thank so much! Our teacher went straight into the VSM without discussing the definition of times thoroughly. Probably our fault as well by not asking for clarification or it's just the way you explained it here that makes it easier to understand. Thanks again!!
Thank you so so much!! I very much understood ALL of this and learned more in your 5 minute video that the 3 chapters I read from the textbook!! You've saved me so much time!
Hi, pure processing time is "Touch Time" (as the name says so - it's the amount of time a person is spending touching work). Cycle time is the time including everything. Imagine when you say that this is the end of a cycle, you are referring to all that is included in that period . Please watch the video. I believe it's very well explained.
@@a2bthinking Thanks for responding,but by Lean concept and how top consulting firms calculate,they dont consider wait and rework in cycle time.Hence I had a doubt.CT,Wait and rework will be a part of Turn around time
@@shirlse9514 I am sure you came across other naming conventions. In McK some guys were doing it the right way, some guys another way. So even the most important consulting company you will have variations between consultants. Feel free to name it as you wish as long as you calculate it right and customers understand what's behind.
This video has been generated with Vyond, a very powerful tool which I strongly recommend for any of you that want to create videos such as mine. Please follow the link for more details:
tracking.goanimate.com/SHE8
Thank so much! Our teacher went straight into the VSM without discussing the definition of times thoroughly. Probably our fault as well by not asking for clarification or it's just the way you explained it here that makes it easier to understand. Thanks again!!
Happy it was a useful video. :)
Thank you so so much!! I very much understood ALL of this and learned more in your 5 minute video that the 3 chapters I read from the textbook!! You've saved me so much time!
Your feedback made my day :)
Good explanation of how to calculate some tricky metrics. Well done.
Thank you!
Luv your videos!
Thank you!
Clean and simple...
Thank you for the feedback!
Great video! Thank you for it.
Thank you for feedback!
Excellent explanations, 10x
Welcome!
Great video!
Thank you.
Great video.
Thank you for watching!
Could you integrate this process into a Excel File?
Hi. Send me an email with what you need at deris.bogdan@gmail.com … for sure it can be in an excel file
How can cycle time include lead & rework time? Cycle time would be pure processing time isnt it ?
Hi, pure processing time is "Touch Time" (as the name says so - it's the amount of time a person is spending touching work). Cycle time is the time including everything. Imagine when you say that this is the end of a cycle, you are referring to all that is included in that period . Please watch the video. I believe it's very well explained.
@@a2bthinking Thanks for responding,but by Lean concept and how top consulting firms calculate,they dont consider wait and rework in cycle time.Hence I had a doubt.CT,Wait and rework will be a part of Turn around time
@@shirlse9514 I am sure you came across other naming conventions. In McK some guys were doing it the right way, some guys another way. So even the most important consulting company you will have variations between consultants. Feel free to name it as you wish as long as you calculate it right and customers understand what's behind.
@@a2bthinking Thanks…. was Mck doing it this way?
@@a2bthinking Thanks … did MCK do it the way you mentioned?