Question

The global marketplace has witnessed an increased pressure from customers and competitors in manufacturing as well as service sector (Basu, 2001; George, 2002).Due to the rapidly changing global marketplace only those companies will be able to survive that will deliver products of good quality at cheaper rate and to achieve their goal companies try to improve performance by focusing on cost cutting, increasing productivity levels, quality and guaranteeing deliveries in order to satisfy customers (Raouf, 1994).

Increased global competition leads the industry to increasing efficiency by means of economies of scale and internal specialization so as to meet market conditions in terms of flexibility, delivery performance and quality (Yamashina, 1995). The changes in the present competitive business environment are characterized by profound competition on the supply side and keenindecisive in customer requirements on the demand side. These changes have left their distinctive marks on the different aspect of the manufacturing organizations (Gomes et al., 2006). With this increasing global economy, cost effective manufacturing has become a requirement to remain competitive.

To meet all the challenges organizations try to introduce different manufacturing and supply techniques. Management of organizations devotes its efforts to reduce the manufacturing costs and to improve the quality of product. To achieve this goal, different manufacturing and supplytechniques have been employed. The last quarter of the 20th century witnessed the adoption of world-class, lean and integrated manufacturing strategies that have drastically changed the way manufacturing firm’sleads to improvement of manufacturing performance (Fullerton and McWatters, 2002).

Consult chapter 7 of your text book or secondary available data on internet and answer the following questions.

1. Assess the reasons for using lean thinking (suitable examples),what are the benefits from Suppliers to end users?

Answer 1

Answer:-

Reasons behind utilizing lean thinking are :-

Streamlines the organization's procedures – Implementing Lean permits a producer to streamline their procedures all through the whole association, from the front office right to appropriation. Efficiencies are seen and the producer can work at its maximum capacity.

Lean can assemble group responsibility – In request to construct a Lean activity, an organization must perceive that there is a requirement for change. Utilizing Lean tasks requires center from all colleagues.

Evacuates squander – Lean tends to the Nine Areas of Waste: movement, stock, holding up time, transportation, data, quality, overproduction, handling and inventiveness.

By dispensing with squander, an organization has the chance to nullify time spent on pointless assignments.

The activity is rarely done – A key component of Lean is "nonstop improvement." This implies there are consistent chances to turn out to be progressively Lean.

Benifit from p to end clients are :-

Making all the individuals inside the association to be engaged with taking out the wastage happening in inventory network.

Setting up the procedures running at the manufacturing stage to dispose of errors that may occur in future.

Making an arrangement to institutionalize the procedure and rattling off the accepted procedures to be followed.

Making the progression of the items from the manufacturing plant to the client through inventory network persistent.

Offering the procedure with lenient gestures to improve the items anyway occupied is the time.

Conveying the items to the end clients at the ideal spot, at the ideal time in the correct amount

Lean Manufacturing is a business reasoning which has demonstrated exceptionally fruitful since it can diminish costs, dispense with squander, increment efficiency, keep up elevated levels of value and along these lines make a huge increment in your benefit.

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