Eliminating Waste Through Lean Production

Lean production is a manufacturing methodology focused on maximizing efficiency, minimizing waste, and continuously improving the production process to create more value with fewer resources.

Even though the  advantages are being discussed in the context of the manufacturing industry, they can also apply to a wide range of industries, from service to hospitality to  healthcare.

Advantages of Lean Production

Inventory, Waiting, Defects, Overproduction, Motion, Transportation, & Over-processing.

Reduces the seven major wastes of Lean:

Improves quality and minimizes rework by reducing waste.

Anticipates customer needs and delivers value when they need it.

Improves motivation, participation, and innovation by involving everyone in the organization.

Increases customer satisfaction by handling orders faster & reducing lead times.

Reduces stock turnover rates, freeing up capital.

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