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Factories Leads for LSB Software

Dear Freelancers,

I am looking for leads to sell the LSB Software to Factories. Please find the details of the software via the 12 FAQs and the attached file.

As I am not allowed to provide contact details, there is no website given for the LSB website to test and to see the DEMO.

1. All payment is only after successful contract signed with the Factory.

2. The customers will "belong to you", hence no issue on payment problems.

Hope to hear your comments.

Mr BH Soh

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FAQs For LEAN ScoreBoard (LSB)

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A) Software Functions:

Q1 - What does the LEAN ScoreBoard essentially do?

Q2 - What and How does it help Manufacturers to achieve Cost-Reduction?

Q3 - How different is LSB from existing Cost-Measurement and Modeling soft-wares?

Q4 - How does the LSB perform real-time tracking of Product costs and wastes?

B) Software User-Friendliness:

Q5 - Would switching to use the LSB a lot of work and time-consuming?

Q6 - Does using the LSB require new input data that as a user I need to create?

Q7 - Do I have to enter the data manually or is data-entry automated?

Q8 - So how useful is the LSB to Top & Middle Managers and Line Personnel?

C) Software Costs:

Q9 - How do I justify spending on LSB when the goal is Cost-Reduction?

Q10 - So what kind of ROI can the LSB bring to my factory?

Q11- How does real-time Product Cost Tracking guarantee Product Cost-Reduction?

Q12- I have in-house Product Costing system, so why do I need the LSB?

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ANSWERS

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A) Software Functions:

Q1 – What does the LEAN ScoreBoard (LSB) essentially do?

It is a real-time software that combines a chosen Product’s accounting cost with the Product’s Processing (Operational and Equipment) data to produce Cost-Reduction Intelligence. It is able to separate between the essential costs and processing wastes as well as identify the Process Owners. Management will get the whole picture of Costs and Individual Processing Wastes while each and every Process Owner (Engineers, Maintenance, Quality and Production personnel) have a detailed Process CoO (Cost-of-Ownership) versus the Operational Indices and Wastes.

Q2 – What and How does it help Manufacturers to achieve Cost-Reduction?

The Management CoO (Cost-of-Ownership) data can help Management model and plan a detailed operational and strategic Cost-Reduction roadmap - for example; how to achieve a Product Cost-reduction from current $[url removed, login to view] down to $[url removed, login to view] within a set period of time. Most importantly, with the LSB, Engineers and Process owners can understand what this Cost-Reduction goal means in terms of specific Technical, Process and Equipment improvements that need to be achieved.

Being able to measure a technical project in terms of what one is trying to ultimately improve (in this case – the before-and-after Cost Reduction) is critical. Investments and resources needed to achieve the results are often held back because of uncertainty over the ROI.

Q3 – How different is LSB from existing Cost-Measurement and Modeling soft-wares?

Whereas the LSB is a 100% accurate real-time, other Product-costing Software are either based on historical data or estimation. The LSB is capable to identify Wastes (preventable losses) and the Process Owners, while others analyses a completed Product’s component costs or estimates the cost of making a new product. The LSB can model any Process Data for its Cost-reduction ROI.

Q4 – How does the LSB perform real-time tracking of the Product costs and wastes?

If integrated with the Factory’s ERP system, the LSB is truly real-time. On the web-based solution, it is real-time based on the frequency of data-entry (usually monthly).

B) Software User-Friendliness:

Q5 – Would switching to use the LSB a lot of work and time-consuming?

It is recommended that you use the web-based LSB as a parallel system to whatever you are currently using now. Uptime is about 1-week with about 3 days of training and on-site consultation.

Q6 – Does using the LSB require new input data that as a user I need to create?

In the first instance, usually, no new data needs to be created. Overtime, the User may decide that more are needed.

Q7 - Do I have to enter the data manually or is data-entry automated?

The LSB data needs to be manually entered. Each Process may need about 20 minutes of data entry. If the LSB is eventually integrated into your ERP, then of course the data entry becomes automated.

Q8 – So how useful is the LSB to Top & Middle Managers and Line Personnel?

Top Management and Financial staff often deals with the bottom lines (in costs) and yet in a factory, the Operational Staff deals mainly with Process and technical indices. The LSB translates these two ‘languages’ and puts them side-by-side so that the language barrier between them is removed.

With the LSB, Top Management can understand where the costs and wastes are. Operational staff can see the details of their costs side-by-side with their Process Indices.

The LSB also does OEE Analysis and reports to Operational Staff the exact problems with their equipment and the proportion of costs these equipment losses incur.

C) Software Costs:

Q9 – How do I justify spending on LSB when the goal is Cost-Reduction?

Accurate and real-time data is critical to a world-class cost-reduction program. So what is the value of such data? The LSB was developed with advanced LEAN formulae and original design over a period of more than 3 years efforts by a Team of LEAN experts headed by the Inventor, Moses Tan. The commercial programming cost alone is more several hundred thousands of dollars. The LSB is priced at as low-cost investment for the web-based solution. A customized quotation can be given for ERP integration.

Q10 – So what kind of ROI can the LSB bring to my factory?

Accurate data comparing Accounting Costs side-by-side with Process Technical data with the pure production costs and wastes separately identified. This enables the factory to be able to focus cost reduction efforts in the right improvement projects and track the project progress in costs besides the Technical data.

Q11- How does real-time Product Cost Tracking guarantee Product Cost-Reduction?

Very often an improvement projects seems very impressive but the real cost reduction is unknown. The LSB ensures that every Technical Project can also be measured in terms of cost ROI. Hence, the effectiveness of the tools used and the ability of the Project Teams can be selected to ensure that real improvement at the bottom line is achieved everytime.

Q12- I have in-house Product Costing system, so why do I need the LSB?

If 10% of a Product at Process 3 is scrapped due to a quality issue, the value-added costs of Process 1 and 2 are also lost. Besides that, the downstream processes are also affected in terms of longer waiting times and a smaller input quantity unless there are huge buffer stocks (which are discouraged). The LSB can do this real-time and 100% accurately.

If your in-house Product Costing system is not real-time and also do not capture value-added losses, then it is not an accurate system.

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Skills: Leads

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