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After high level analysis, he found that the company was expending four to five times the typical amount of resources to perform each transaction. In addition, there were significant risks of error involved with their current procedure. So Engle came up with ways to improve their practices.
Engle’s suggested improvement activities which include: benchmarking, kaizen events, waste elimination and a combination of all these activities. He explains ways to improve certain processes quickly and at relativity low cost. For example, there was a company that had an improvement concern about the introduction of automation to replace highly manual processes...
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