Detailed text transcripts for TV channel - FOXNEWS - 20110429:22:17:00
Being patient and really investing and building a system of people and equipment that is flexible. they were able to in some cases increase productivity by four times. >> reporter: general electric says its adoption of lean techniques enabled the country to shave four labor hours, $50 off refer efridge rater it uses. a feat recognized by biden to a lean g.e. dishwasher plant, louisville appliance park. >> a country that doesn't innovate stagnates. >> reporter: but they warn there are good and bad ways to attain lean with a bad way on slashing payrolls to squeeze more out of remaining workers. ...
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