Featured Stories

Categories

What you can gain from lean manufacturing

Graham Immerman
February 24, 2018

There are some well known benefits of lean manufacturing such as saving money and improving efficiency. There are also some lesser known benefits like reflecting the needs of stakeholders and engaging employees. Industry Week said, "'Lean' provides that because employees become stakeholders as they’re invited to participate in the Map and Redesign Processes. There is a fundamental shift in employee attitudes from fearing problems to celebrating and embracing them. That’s because employees engaged in the lean philosophy become frontline problem-solvers—a sustainable asset."

The Unseen Advantages of Adopting Lean Manufacturing PrinciplesSource: http://www.industryweek.com

In practice, lean manufacturing is an operating philosophy that yields a number of long-term benefits that aren’t always obvious to those who are considering adopting it. The first thing most manufacturing entrepreneurs think when they hear the term, lean manufacturing, is “cost cutting.” This is especially true when a private equity investor is the first to raise the idea. But it’s just one of many misperceptions about “lean,” an approach that provides efficiencies to help a company grow and make it more investable. Based on research of high performance companies at the Center for Strategy, Execution and Valuation in the Driehaus College of Business at DePaul University (Center for SEV), there are at least three major unrecognized advantages of instituting lean principles. Read More

Comments

Related posts

Creating a successful lean manufacturing campaign
06Dec

Creating a successful lean manufacturing campaign

Want to create a successful lean manufacturing initiative? Learn from others' mistakes. Business News said, "An effective strategy is to start with desired outcomes, normally your current pain points,...

Reading up on lean manufacturing
05Dec

Reading up on lean manufacturing

What's the best way to learn about something? Pick up a book! Whether you're already well-versed in lean manufacturing or just starting out, there is always something new to learn. Tulip put together ...

Communication strategies for lean manufacturing
04Dec

Communication strategies for lean manufacturing

Clear communication can make all the difference when implementing new practices at work like lean manufacturing. There are a few strategies you can use to make this transition easier all around. Marks...

How advanced analytics can help you go lean
27Nov

How advanced analytics can help you go lean

Advanced analytics are an amazing way that you can get leaner in real time. They can reduce waste by helping you become more efficient. They can also increase your responsiveness, reliability, complia...

The seven types of waste simplified
20Nov

The seven types of waste simplified

Are you ready for a quick and simple lesson on the seven types of waste in lean manufacturing? The first is the time wasted repairing is a defective item. Then, there is processing waste of unnecessar...

Lean manufacturing and productivity
19Nov

Lean manufacturing and productivity

The benefits of lean manufacturing are far more than just your efficiency. Employee productivity is also affected. Insights said, "Increased employee productivity means stronger morale, more customer-...

How lean manufacturing techniques can help you make decisions
07Nov

How lean manufacturing techniques can help you make decisions

Lean manufacturing streamlines processes, and those principles can streamline decision making too. Principles like eliminating waste and preventing mistakes are very applicable to an office setting. F...

Why lean isn't just for huge corporations
19Oct

Why lean isn't just for huge corporations

It's a common misconceptions that lean strategies are only for big businesses. Industry Week said, "There are rules of thumb to help improve the opportunity for lean success among low-volume, high-mix...

Why lean takes the whole team
17Oct

Why lean takes the whole team

Lean manufacturing isn't about just a few employees - it involves the whole team. Each employee knows their job far better than anyone else, and can spot the ways they could do their job more efficien...

Learning from failing
20Sep

Learning from failing

Anyone that works in manufacturing knows that projects don't always work perfectly the first time. Failing is part of being in the industry, and that applies to lean manufacturing as well! Woodworking...

banner1-1

Subscribe Email

banner2-2