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Archive for the ‘Lean Manufacturing’ Category

In every production process, there are losses incurred. And this is what Lean Manufacturing aims to achieve to minimize or lessen production losses, the preservation of value with less work, or in other words, increasing efficiency and decreasing waste. Thus, for companies who want to maximize their profits, applying Lean Manufacturing system to decrease production losses is a effective way to do it.

There are kinds of losses associated in production, there are pre-production, during, and post-production losses, and when you are able to sum it up, you’ll b surprised at how much your company is losing because of these losses. There are many ways to facilitate the Lean Manufacturing production system, and one would having an efficient inventory management system. A company who availed of a system which improved their inventory system was able to pinpoint the discrepancy in the inventory figure. And once they knew the cause of the discrepancy, it made it possible for them to take the necessary actions to minimize or eliminate it. Thus, thanks to an efficient inventory management system, production losses are minimized or eliminated, resulting into a more efficient system.