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Lean Manufacturing / Production

The benefits of lean manufacturing include lead time reduction, reduced inventory and overall cost saving (Feld).

Information about Lean Manufacturing / Production

The main aim of the lean production process improvement is to achieve significant benefits for companies, for example, lower costs, faster time-to-market and better customer experiences. Lean production programmes stand in line with other improvement tools such as Total Quality Management, Business Reengineering and Six Sigma (Power, 2010). Lean production was originally developed at the Toyota Motor Company and was called the Toyota Production System (TPS). The system was developed to organise and manage product development, operations, suppliers and customer relations with fewer human effort, space, capital, time and defects and to precise customer requirements (Liker, 2004).

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Related concepts

Lean Supply Chain (LSC)

Lean supply is often viewed as one of a set of techniques for managing operations effectively (Found and Rich)

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