Lean manufacturing, a production method, involves speeding up production systems. The goal is also to reduce the response time from the manufacturer or supplier to the customer.
Lean manufacturing and JIT . manufacturing
Lean manufacturing is closely related to JIT or just-in-time manufacturing.
“It’s an inventory system that eliminates large inventory. Businesses can turn to an alternative inventory control method to reduce costs and increase competitiveness. »
“With ‘just in time’, a company barely owns any stock. Instead, it relies on the rapid delivery of ingredients and raw materials. They have to come when the company asks them to.
Lean manufacturing began at the Japanese automaker Toyota in the 1950s and 1960s. At that time, it was known as the Toyota Production System (TPS) or the Toyota Way.
Companies that practice it claim that lean manufacturing principles reduce waste, reduce costs, drive innovation, optimize processes, and reduce the time it takes to bring products to market. In today’s volatile and fiercely competitive market, lean manufacturing can give businesses the edge they need to thrive.
Sustainably Deliver Value
When we hear the word lean in business, we immediately think of reducing waste or eliminating it altogether. While this is an important part of lean manufacturing, it is also involved in delivering long-term value to the buyer.
Regarding the sustainable delivery of value to the customer, Planview Inc. writes:
“To achieve this goal, Lean Manufacturing defines waste as anything that doesn’t add value to the customer. It can be a process, activity, product or service; anything Anything that requires an investment of time, money and talent that doesn’t create value for the customer is a waste.
“Idle time, underutilized talent, excess inventory, and inefficient processes are all considered waste by the definition of Lean.”
Four advantages of Lean Manufacturing
According to TWI Ltd., these are the four key benefits to lean manufacturing:
- wasted end
When it comes to costs, waste is a negative factor. Waste also affects your ability to meet deadlines and make the most of your resources.
- Best quality
If you provide your customers with premium products, you will remain competitive and have a much better chance of growth. Efforts to improve quality are something your competitors value – you can’t help but do the same.
- Cut the cost
If you produce too many goods or buy more raw materials than necessary, your storage costs will increase. Material optimization and process management can significantly reduce your total costs.
- Better use of time
Inefficient work practices waste time and money. The faster you can deliver to your customers, the more loyal they will become. In many areas of today’s economy, speed is much more important than people realize.
