What is Lean Manufacturing?
Lean manufacturing involves using an individual laid out the overview to improve quality and the level of efficiency by lessening wastage that occurs in the manufacturing process. It is also directed to catering client satisfaction by providing required services that are required after-sales and in the right quality. Lean manufacturing assignment is not a problem; let’s score a high grade in the assignment: It is unreasonable to say that Lean Manufacturing is less well-liked than any other operations management course.
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Lean Manufacturing Tools:
|Cellular manufacturing||Pull systems and Kanban||Bottleneck analysis||Key performance indicator|
|The Root cause analysis||Smart goals||Tact time||Standardized work|
|SMED single-minute exchange of dies||TPM (total productive maintenance)||Visual factory||Value stream mapping|
A company is able to market its product effectively through lean manufacturing while saving on its capital investment and producing maximum client satisfaction from the services offered to the customers.
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Lean Manufacturing Topics
|Secondary and primary data analysis||Cost-benefit analysis||Market segment||Distribution channel audits||Macroeconomics|
|Microeconomics||Competitor channel relationships||Concept testing||Brand equity research||The market forecast and position|
|Financial analysis||Market size and share||Market trend analysis||Estimation of demanding||Marketing plan|
|Marketing mix||Channel mapping||Revenue models||Projection of profit and loss||Business plan|
|Market strategic formulations||Store auditing||Brand association research||Brand perception||Investment returns|
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Lean Manufacturing Principles
- The first step is to identify the value of the customer’s needs and wants. DFSS (Design Of Six Sigma ) is considered to be the best tool for identifying business value.
- In order to create value for the business, it has to go through various steps called value streams. The process includes ascertaining adequate raw materials, product design, and final product disposal.
- It is very important for the company to know about the inventory flow in their factories. The Value stream process helps a company to know and maintain the inventory flow when the employees are reshuffled.
- The ‘Pull rather than Push’ principle focuses on customer satisfaction rather than sales of the product. Lean manufacturing tools like Kanban find a prominent place in assisting businesses with the pull system.
- The last principle states ‘look for perfection in everything you do’. It helps to focus on Inventions, innovations, and improvement in business activities.
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