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Lean can give companies the competitive edge to survive in today's ever changing customer- driven economy .
It helps you to improve your Quality, Costs, Delivery which is the survival factors for today's economy.
All we are doing is looking at the timeline from the moment the customer gives us the order to the point when we collect cash.
And we are reducing that timeline by removing the non-value added wastes.? Taiichi Ohno, founder of Toyota Production System.
What are the benefits of Lean Manufacturing?
- Production lead time reduced by 50%
- Inventory level reduced by 50%
- Space utilisation reduced by 45%
- Productivity increased by 3 folds
- On time delivery > 95%
- Reduce fire fighting crisis
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