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Is LEAN Manufacturing the answer to your operational woes?

In today's economic turmoil, the manufacturing units are under constant pressure to look for innovative methods to provide value for money to their customers. In such a scenario, it becomes imperative for the enterprise to manufacture and sell products which would actually add profits to the business, not just revenues.
The secret to the above is - having a wide product variety, better quality, minimum manufacturing time and flexible systems in meeting demands without additional administrative and financial burden. The challenge to be addressed here is this conflicting requirement: if you have a wide product variety with strict quality and economical output, you cannot be flexible.

Lean is the term which is synonymous with reduction of waste in any kind of process, ever since its introduction by the Toyota production system and then the publication of the book, “The machine that changed the world” by Womack in 1990. Lean stands for waste reduction in any value adding process. The pillars of Lean manufacturing are Kanban System, Just-in-time concept, Value Stream Mapping, Poka-Yoke, 5-S, Single piece flow, etc. All of these reduce excesses in some way or the other.

Is Lean the answer or do we need something else too?

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