Result Section
As the name indicates, the result section lets a user add the result of the problem/issue/project solved with kaizen.
This section serves as a central collection space where the financial data is added as the kaizen moves forward and an overview of the result is always available to view!
This result is based on the financial outcome of a kaizen involving three categories, costs, benefits through savings and capital expense. The section provides fields to input various information about the aforementioned factors and based on the input amounts produces the result for a kaizen!
Useful Facts!
The result of the kaizen is related to the Target Phase section in terms of function but with different purpose.
The Target Phase sets the targets to be achieved consisting of various kinds of savings, cost avoidances, capital expenses and more.
The Result section on the other hand, carries all the actual data after the completion of the kaizen and calculates the result.
Let us understand the section with a flowchart:
|
| The Result of a Kaizen |
Section | Purpose | Description |
Benefits | Data Collector | This indicates the benefits from the kaizen completion in tems of savings or different kinds (hard, soft, virtual etc.) |
Cost | Data Collector | This refers to the cost incurred during the implementation of the project handled by the Kaizen. |
Capital Expense | Data Collector | This refers to cost as well but specifically to any capital expense incurred during the implementation of the project handled by the Kaizen. |
Analysis Report | Result Overview | Provided an analytical report of the current financial state of the kaizen. |
Result Distribution | Distribution Overview | Shows the percentage distribution of the result amongst the people involved (team of the kaizen). |
The threedata collector sections have their own fields and options that take in information about the costs involved and produce an analysis report & result distribution from the given data.
As the kaizen proceeds, data can be fed into the section; costs, savings, capital expenses. Upon the completion it not only shows the financial results of the project but also acts as a documentation for the financial part of the project since all the expenditure and results are recorded in the section.
Let’s go ahead get a hands on knowledge of using the Result section inside a kaizen!
How to use Result Section
Check out the Video Guide for a step-by-step walkthrough and detailed insights.
(Runtime: 1:55) Watch Now ▶️
Step 1
Add the Result section from the available list to the required phase.
Need Help?
Useful Facts!
When a new section is added it appears under the previous section; in this case 5G Section.
Step 2
Expand the section by clicking anywhere in the section field, or on the arrow on the right side.
The arrow can also be used to collapse the section.
The Result section has three sub-sections, Benefits, Cost & Capital Expense which enable us to add data to the kaizen during its implementation.
There are two other options in the section:
Analysis Report
Located in the top left corner, this section is accessible by clicking on the graphs icon .
This section shows the result of the kaizen in terms of Net Savings in a project.
It updates simultaneously whenever a Benefit, Cost or Capital Expense data is added in to the section.
This Section showcases:
Benefit to Cost Ratio
Net Savings Calculation
Graph Results
View Result Distribution
Located in the top right corner, this section is accessible by clicking on the View Result Distribution button.
This section displays the team members and along with their distributed amount for the project.
Smart Connections
The results achieved from a kaizen can be distributed amongst the team. This distribution is set in the Savings Distributions Section.
This Section showcases:
Team Member’s Percentage Distribution
Actual Distributed Amount
Option to modify Distribution Percentage
Tips & Tricks
Although the savings distribution is set up in the Savings Distribution in kaizen, the View Result Distribution section allows us to change the allocation percentage if required.
Navigate to the numeric field in front of the username and use the + plus or - minus sign to increase/decrease the distribution allocation!
Step 3
Choose the category and click to expand the instructions:
Category: Benefit (Expand below for details)
Benefit
Benefit
Category: Cost (Expand below for details)
Cost
Cost
Category: Capital Expense (Expand below for details)
Capital Expense
Capital Expense
Congratulations! We have successfully learned about the Result Section inside Kaizen!
With this we have completed the Do Phase, and are almost halfway through the sections!
7 down, 10 more to go!
Let’s keep our pace and go to the next one!