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INVESTMENT PROCESS by Gagan Gandhi

INVESTMENT PROCESS 

Business Team 

Step 1. Funding Application, Executive Summary & Application Fee - Companies wishing to be reviewed by the MVA must first submit their funding application and Executive Summary online and remit a $100 application fee to the MVA at 7829 E. Rockhill Rd., Suite 307, Wichita, KS 67206. 

 

 

Step 2. Screening Committee - The MVA Screening Committee will review submitting companies for qualification as an interest to members of the MVA. Some companies may be contacted by a member of the committee to provide additional details. 

 

 

Step 3. Posted to Website as Current Opportunity - Companies that pass initial screening will have their funding application and Executive Summary posted to a secured area of the MVA Website viewable only by MVA members. 

 

 

Step 4. Presentation at Member Meetings - Companies that pass initial screening and are posted to the website will be contacted to present a 15-minute PowerPoint presentation at a scheduled MVA meeting. Additional questions and discussion of your company will also be included in this meeting. 

 

 

Step 5. Due Diligence Process - If significant interest from members is shown after the presentation, a member will be assigned to lead the due diligence process. 

 

 

Step 6. Investment - After due diligence is completed, interested members will negotiate deal structure and terms with each company. 

The 5 S of Lean Process by Gagan Gandhi

The 5 S of Lean Process 

There are five 5S phases: They can be translated from the Japanese as "sort", "straighten", "shine", "standardise", and "sustain". Other translations are possible. 

Seiri[edit] 

整理 (sort)[edit] 

Remove unnecessary items and dispose of them properly 

Make work easier by eliminating obstacles 

Reduce chance of being disturbed with unnecessary items 

Prevent accumulation of unnecessary items 

Evaluate necessary items with regard to cost or other factors 

Remove all parts not in use 

Segregate unwanted material from the workplace 

Need fully skilled supervisor for checking on regular basis 

Don`t put unnecessary items at the workplace & define a red-tagged area to keep those unnecessary items 

Seiton[edit] 

整頓 (Systematic Arrangement)[edit] 

Can also be translated as "set in order" , "straighten" or "streamline" 

Arrange all necessary items so they can be easily selected for use 

Prevent loss and waste of time 

Make it easy to find and pick up necessary items 

Ensure first-come-first-served basis 

Make workflow smooth and easy 

All above work should be on regular base 

Seiso[edit] 

清掃 (Shine)[edit] 

Can also be translated as "sweep", "sanitize", "shine", or "scrub" 

Clean your workplace completely 

Use cleaning as inspection 

Prevent machinery and equipment deterioration 

Keep workplace safe and easy to work 

keep work place clean 

Seiketsu[edit] 

清潔 (Standardize)[edit] 

Standardize the best practices in the work area. 

Maintain high standards of housekeeping and workplace organization at all times. 

Maintain orderliness. Maintain everything in order and according to its standard. 

Everything in its right place.(Chilled totes in chilled area, Dry totes in dry area.) 

Every process has a standard. 

Shitsuke[edit] 

 (Sustain)[edit] 

To keep in working order 

Also translates as "do without being told" (though this doesn't begin with S) 

Perform regular audits 

Training and Discipline 

Training is goal oriented process. its result feedback is necessary monthly 

Additional Ss[edit] 

Other phases are sometimes included e.g. safety, security, and satisfaction. These however do not form a traditional set of "phases" as the additions of these extra steps are simply to clarify the benefits of 5S and not a different or more inclusive methodology.[citation needed] 

Safety[edit] 

The phase "Safety" is sometimes added.[3] There is debate over whether including this sixth "S" promotes safety by stating this value explicitly, or if a comprehensive safety program is undermined when it is relegated to a single item in an efficiency-focused business methodology. 

Security[edit] 

The phase "Security" can also be added.[citation needed] To leverage security as an investment rather than an expense, the seventh "S" identifies and addresses risks to key business categories including fixed assets (PP&E), material, human capital, brand equity, intellectual property, information technology, assets-in-transit and the extended supply chain. Techniques are adapted from those detailed in Total security management (TSM) or the business practice of developing and implementing comprehensive risk management and security practices for a firm’s entire value chain. 

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