Language Service news

Lyric labs, (www.lyriclabs.com), we want to keep our organization lean to be competitive across the geography. We were aware that translation services is a very competitive business and until we bring real benefits with cost savings to our customers, they are not going to buy from us. We had to demonstrate a translation work flow which demonstrates accurate translation, professional service, translation quality issues, uniform pricing, delivery methodology, contingencies using lean principles etc. We know only when we cautiously attempt to perfect our process we can bring these benefits to our customers which will ultimately reflect in customers working with us for more…
I would like to list the benefits of a lean organization. At lyric we see the results day in and day out…
Benefits of Lean
I guess today everyone wants to discover the advantages of lean principles and educating their people on lean and applying these principles within the organization.
Some of these organizations are trying to function effectively in the face of mounting challenges such as a high cost base relative to their competition; declining market share due to process advantage or pricing and cost and limited capacity issues.
In all of these cases, Lean can have an immediate, positive impact on business. Through the process of implementing Lean, the organization can find ways to achieve a number of benefits. Results will vary, but here are some typical savings and improvements:

• More operational flexibility
• Increased turnover
• Consistent product or service delivery
• Reduced lead times
• Reduced real-estate space
• Improvement in quality
• Reduction in operating costs