Implementing lean manufacturing techniques can help you unlock your business's potential and take it to the next level. Becoming more efficient saves time and money as Toyota learned years ago. There are eight lean wastes you should learn about; defects, overproduction, waiting, not utilizing talent, transportation, inventory excess, motion waste and excess processing. Global Trade said, " Lean manufacturing powerfully enables producers to navigate the changing market with precision and agility. This comes from traveling light and from a manufacturing process utilizing surgical precision."
Identify the value stream: Rather than thinking in terms of departments, companies using lean principles will visualize the value stream as an interconnected flow of processes that provide value; this does not include any processes or steps that do not directly contribute to the value.Pull the value from the value stream: Avoid inventory management waste by shifting to a single-piece flow that produces products on demand as needed.Read More