PODCAST · business
Understanding Little's Law
by Linda Nelms
In this podcast we will be exploring the concept of Little’s Law. Little’s Law provides insight as to why some businesses seem to move customers, products, or orders through their operations smoothly, while others struggle with long wait times and growing backlogs? We’ll break down how Little’s Law works, explore real-world business applications, and discover how managers can use it to identify opportunities to improve flow, reduce waiting times, and boost efficiency. Let’s get started! (Powered by Jellypod)
Episodes
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Unlocking Flow: The Power of Little's Law in Operations
Discover the simple mathematical formula behind Little's Law and learn how it governs flow across clinics, banks, and software teams. Dr. Linda Nelms breaks down how balancing work in progress, throughput, and cycle time eliminates bottlenecks and cuts customer wait times.
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ABOUT THIS SHOW
In this podcast we will be exploring the concept of Little’s Law. Little’s Law provides insight as to why some businesses seem to move customers, products, or orders through their operations smoothly, while others struggle with long wait times and growing backlogs? We’ll break down how Little’s Law works, explore real-world business applications, and discover how managers can use it to identify opportunities to improve flow, reduce waiting times, and boost efficiency. Let’s get started! (Powered by Jellypod)
HOSTED BY
Linda Nelms
CATEGORIES
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