FMT New Dimension To Lean Thinking
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Business Technology Management, Inc. (BTM) was founded in 1987, and over the years has taught and implemented its proprietary business improvement methodology called Flow Management Technology (FMT) ...
Business Technology Management, Inc. (BTM) was founded in 1987, and over the years has taught and implemented its proprietary business improvement methodology called Flow Management Technology (FMT) for businesses worldwide. FMT is a powerful and well-proven methodology that has helped small and large organizations to dramatically increase resources' output, assets utilization and overall throughput while simultaneously reducing inventory, lead time, and cost; all without the need for capital expenditure. FMT can be implemented in any organization regardless of type, size, product or service provided and will lead to improved business performance by 30% to 50% within less than a year. BTM has implemented FMT at a broad spectrum of industries including automotive, electronics, apparel, aerospace, tools & equipment, as well as Engineering processes, Product Development, Purchasing, Project Management, Logistics, Distribution and various service industries.
The basis of FMT is viewing the entire organization as a flow system and addressing the fact that every organization is an extremely dynamic environment where chaos constantly appears, and causes moving bottlenecks, fire fighting, late deliveries, excess inventories, etc. In order to overcome the cumulative effect of chaos, FMT analyzes processes in the organization using Pareto principles and statistical techniques, and as in hydraulic systems, builds key control mechanisms into the process to control the flow through the pipeline and to act as shock absorbers and flow accelerators. In addition, a variety of feedback control loops are installed to monitor lead times, inventories, and customer deliveries. This allows focused process improvement that dramatically increases resources' output and asset utilization. As a result, performance is shifted to a new dimension—throughput increases in order of magnitude while inventory, lead times, and cost are reduced simultaneously without investment in capital equipment. Bottlenecks are eliminated, their associated fire fighting disappears, and a new level of flexibility and customer service is achieved. FMT applies to all organizations regardless of type, size, product or service. In addition, by understanding product velocity and the organization's hidden capacities, a new business decision-making tool is introduced to identify profitable opportunities that are overlooked by current accounting systems.
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