Bill Waddell in Evolving Excellence links to a great article out of Stanford titled "Management Advice: Which 90% is crap?". It's well worth a read, as is Bill's blog. His post, A Stake in the Heart of Economies of Scale, is an example of blogging at its best.
This is really good stuff Doug! Thanks for sharing!
[...] Doug Hudgeon pointed his readers to a blog post that fascinated me on a key Toyota manufacturing innovation called SMED (Single Minute Exchange of Dies). The post follows the logic and rational behind optimizing manufacturing processes against market requirements. Here is a direct link. [...]