Lean manufacturing concepts eliminate wasteful practices while delivering increased value to the customer. These principles are simple to apply but require full employee participation and relentless ...
Because lean manufacturing reduces waste and increases the efficiency of your production line, it has an impact on other parts of the business. Converting to the new system requires adjustments within ...
Lean manufacturing isn't just a trendy concept; it's a strategic framework designed to streamline processes, slash costs and boost productivity. By minimizing waste and focusing on value-added ...
The command-and-control hierarchical organization of large companies is rapidly giving way to a more biological metaphor, one in which a corporate nervous system senses important signals from the ...
Lean accounting concepts are designed to better reflect the financial performance of a company that has implemented lean manufacturing processes. These may include organizing costs by value stream, ...
It appears that like many Americans, drug company manufacturing ops are far from lean. In a long-term cross-industry study that uses inventory turns as an indicator, pharmaceutical companies hold the ...
If you google “Buffer Management” you will get a variety of results that focus mainly on buffers used to pad time for a task in project management or a deliberate amount time built into a project ...
If you listen to some industry experts, only high-tech industries in Massachusetts can survive the new wave of low-cost global competition. Proving that theory wrong, however, are companies ranging ...
Another wave of lockdowns will renew concerns about supply chains and shortages. As a grower of fresh mushrooms, for decades I experienced the difficulties of filling orders during wild fluctuations ...
You might have heard about lean manufacturing techniques and how they’ve helped companies such as Toyota streamline their processes, reduce waste, minimize costs and increase productivity. But if ...
A common beginning approach to lean manufacturing is the "technology agnostic" philosophy, says Michael Burkett, vice president of research at AMR Research Inc. "One of the principles of lean is to ...