{"id":1216,"date":"2023-08-23T17:36:08","date_gmt":"2023-08-23T07:36:08","guid":{"rendered":"https:\/\/daxcel.com.au\/?p=1216"},"modified":"2023-08-23T17:36:08","modified_gmt":"2023-08-23T07:36:08","slug":"how-running-a-lean-business-model-improves-your-cashflow-and-efficiency","status":"publish","type":"post","link":"https:\/\/daxcel.com.au\/how-running-a-lean-business-model-improves-your-cashflow-and-efficiency\/","title":{"rendered":"How running a lean business model improves your cashflow and efficiency"},"content":{"rendered":"\n
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Keeping your operational expenses under control, while also remaining efficient and meeting customer demand can be a challenge \u2013 one that can catch out many new business owners.<\/p>\n\n\n\n

This is why running your enterprise using a lean business model is such a good idea. By keeping operations, stock and processes to a minimum, you reduce your outgoings, speed up efficiency and improve your cash position. But how does the lean model work?<\/p>\n\n\n\n

5 core elements of a lean business model<\/strong><\/p>\n\n\n\n

In essence, a lean business model aims to eliminate waste in your operational and product manufacturing processes, while still allowing you to meet your customers\u2019 needs.<\/p>\n\n\n\n

Originally a methodology that came from the Toyota Motor Company in the 20th century, the aim of lean manufacturing is to cut back the processes to the bare minimum. This helps you streamline the production of goods, cut your operational expenses and still meet the demands of your customers \u2013 running the whole organisation in a lean, efficient and profitable manner.<\/p>\n\n\n\n

Some core element of a lean model include:<\/p>\n\n\n\n

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  1. Cost efficiency<\/strong> \u2013 cutting waste is central to the lean methodology. Applying lean allows you to reduce waste in the manufacturing process and minimise any unnecessary spending. This allows you to optimise your resources and allocate funds strategically.<\/li>\n\n\n\n
  2. Increased agility<\/strong> \u2013 with a lean approach in place, it\u2019s far easier for the business to be both agile and flexible. This makes it easier to respond quickly to market changes, customer needs and emerging opportunities you spot in your sector.<\/li>\n\n\n\n
  3. Enhanced customer focus<\/strong> \u2013 promoting value is another core element of lean. By eliminating non-value-added activities, you can prioritise customer satisfaction and deliver tailored products or services that meet your customers\u2019 exact needs.<\/li>\n\n\n\n
  4. Streamlined processes<\/strong> \u2013 lean methodologies streamline your workflows, reduce bottlenecks and enhance your overall operational efficiency. This all leads to improved productivity and shorter lead times, helping you quickly deliver your product to market.<\/li>\n\n\n\n
  5. Sustainable growth<\/strong> \u2013 running a lean business model promotes long-term sustainability. There\u2019s a continuous focus on improvement, adaptability and financial stability, all of which helps to make you exceptionally competitive and ready to grow at pace.<\/li>\n<\/ol>\n\n\n\n

    Talk to us about implementing a lean strategy<\/strong><\/p>\n\n\n\n

    If you want to turn your manufacturing business into a cost-effective, scalable enterprise, moving to a lean business is a big step in the right direction.<\/p>\n\n\n\n

    Talk to us about your current production and operational strategies. Let\u2019s see how switching to a lean methodology will set you on the path to a more efficient and profitable future.<\/p>\n\n\n\n

    Get in touch to talk about lean strategies.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Keeping your operational expenses under control, while also remaining efficient and meeting customer demand can be a challenge \u2013 one that can catch out many new business owners. This is why running your enterprise using a lean business model is such a good idea. By keeping operations, stock and processes to a minimum, you reduce […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/daxcel.com.au\/wp-json\/wp\/v2\/posts\/1216"}],"collection":[{"href":"https:\/\/daxcel.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daxcel.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daxcel.com.au\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/daxcel.com.au\/wp-json\/wp\/v2\/comments?post=1216"}],"version-history":[{"count":1,"href":"https:\/\/daxcel.com.au\/wp-json\/wp\/v2\/posts\/1216\/revisions"}],"predecessor-version":[{"id":1218,"href":"https:\/\/daxcel.com.au\/wp-json\/wp\/v2\/posts\/1216\/revisions\/1218"}],"wp:attachment":[{"href":"https:\/\/daxcel.com.au\/wp-json\/wp\/v2\/media?parent=1216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daxcel.com.au\/wp-json\/wp\/v2\/categories?post=1216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daxcel.com.au\/wp-json\/wp\/v2\/tags?post=1216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}