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Sports Teams Can Make Money By Eliminating Waste
CNBC.com | May 19, 2010 | 09:28 AM EDT

Darren Rovell is on assignment and unable to post today - but Sports Biz lives on. Today's special Sports Biz Guest Blog is from Chad Walters, the Continuous Improvement Engineer for Thomson Plastics in Thomson, GA. He is a former marketing consultant for the Atlanta Braves.

Sports Teams Can Make Money By Eliminating Waste by Chad Walters

Just because the economy is on the upswing doesn’t mean sports organizations can afford to be wasteful in their operations. The recession forced significant belt-tightening in front offices, but teams can be even more profitable by applying the recession’s lessons and being mindful of eliminating wasteful activities. Major corporations employ experts to aid in becoming more efficient and profitable – sports organizations are no different.

But what is “waste?”

It’s more than just trash and junk. It’s in processes and procedures that the customer doesn’t want to pay for. The first step in reducing waste is being able to identify the eight types of waste.

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