Lean manufacturing is an inventory-management and manufacturing strategy that companies implement to reduce costs, increase productivity and gain a competitive advantage. The techniques lean ...
Lean manufacturing and green manufacturing are not always considered at the same time as companies plan their factory improvement initiatives. Often, in “going green,” a company will aim for a certain ...
Because lean manufacturing reduces waste and increases the efficiency of your production line, it has an impact on other parts of the business. Converting to the new system requires adjustments within ...
Creating the refrigeration systems for the supermarkets, convenience and specialty stores, commercial/industrial applications and food service applications is a complicated manufacturing process, and ...
The impact of the global Covid-19 pandemic has left many manufacturing businesses questioning some of their lean practices. But delivering value to customers must remain at the core, even in the face ...
It appears that like many Americans, drug company manufacturing ops are far from lean. In a long-term cross-industry study that uses inventory turns as an indicator, pharmaceutical companies hold the ...
On a roll for over 50 years now, Toyota Motor Corp. is the logical first place to look for a glimpse into the future of lean manufacturing. There a new generation is gearing up to spread the tried-and ...
Lean accounting concepts are designed to better reflect the financial performance of a company that has implemented lean manufacturing processes. These may include organizing costs by value stream, ...
POST FALLS – About five years ago, CJ Buck picked up a fishing knife made in Taiwan, tested its blade and studied its craftsmanship. In spite of himself, the fourth-generation knife maker was ...
Inventory is always bad. Based on this premise, operations modelers have forever tried to keep inventories at optimum level - just think, Wal-Mart spent billions in developing automated systems to ...
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