Lean Services
Lean Services put the voice of the customer at the heart of the process. The aim is to clearly understand customer expectations, and identify mismatches between these and the products and services actually available. The approach delves deep into key processes that deliver customer value, and helps to identify and eliminate waste. It also helps to build the structure and culture necessary to measure and sustain improvements.
Examples of lean principles applied within service industries include:
- A Lean program at a leading financial services business delivered $76 million in operating profit in two years of implementation, and has identified potential future savings of $560 million
- Lean application at a leading bank helped improve mortgage and credit transaction processing times by 80%, saving the bank millions of pounds and improving customer satisfaction
- Improvement in process performance, quality and consistency using Lean saved a large government organisation over £500 million in 2 years
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