Lean manufacturing could be defined as a key methodology that focuses on minimising waste within the manufacturing system while simultaneously maximising productivity. Thus, it addresses one of the worst things that could happen to any company: 'Wastage'.
Unfortunately, waste is a common occurrence when we talk about the manufacturing industry, whether it is an inefficient workforce, inaccurate production lines, or unutilised material due to poor inventory management. Lean manufacturing plays a significant role in combating this burgeoning issue. While it primarily focuses on minimising waste, it also aids in boosting customer value and, along the way, helps with process improvement using various lean principles and techniques.
The concept of lean manufacturing was coined by Ohno Taiichi, a Japanese industrial engineer and businessman, also known as the father of the Toyota Production System (TPS).
Lea manufacturing has also proven positive in bolstering the sustainability and operational economic performance of manufacturing industries by eliminating non-value-added operations.
5 KEY PRINCIPLES OF LEAN MANUFACTURING
The success of optimised lean manufacturing revolves around these five principles. These include:
Value: While value is created by the producer, it is defined by the customer. Thus, it is necessary for companies to understand the value that a customer places on their products and services, which, in turn, can help them determine how much money the customer is willing to pay.
This story is from the Nov 2023 edition of The Machinist.
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This story is from the Nov 2023 edition of The Machinist.
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