Question

In: Finance

What are some examples of Lean or the Toyota Production System in the book "The Missing...

What are some examples of Lean or the Toyota Production System in the book "The Missing Links" by Caroline Mondon?

Solutions

Expert Solution

All companies struggle to implement and incorporate different managing and manufacturing processes into their business model. While there are literally thousands of techniques to doing so, there are a few general principles which apply to all manufacturing companies. How do companies use these techniques, and what are the benefits of the process for them?

The lean manufacturing movement started in the 1980s with the Toyota Production System. A key factor in lean manufacturing is getting employee feedback in all areas of production. Those workers directly involved in the manufacturing process often experience the production of waste and have good ideas on ways to prevent it.

Example

A company has a demand for 400 units a day, and operates for 800 minutes = 800 minutes / 400 units = a Takt Time of 2 minutes per unit.

Intel

Known for their computer processors, Intel adopted the lean manufacturing techniques to provide a higher quality product to an industry that demands zero bugs. This ideology has helped reduce the time to bring a microchip to the factory from more than three months in the past to less than ten days. With items so precise and technical, Intel quickly realized that producing a higher quantity of lower quality was not the way to improve profits and increase customer satisfaction. Instead, by implementing quality control factors and waste reduction techniques, both parties benefit. This is even more so true in the tech industry where products are changing and being upgraded so frequently.

John Deere

John Deere has also adopted a lean manufacturing approach to their business. Many of their quality control mechanisms are fully automated meaning that more parts can be checked for defects in a shorter period. This means that more supply can get out of the door each day and the product can be offered to the consumer for a lower price. These controls are also used to monitor the production of each part of their products which means that they will never produce more than is needed and expend valuable materials in the process.


Related Solutions

What characteristics of the Toyota Production System are germane to the health care delivery system? Give...
What characteristics of the Toyota Production System are germane to the health care delivery system? Give examples of how the TPS can be implemented in health care.
What is the benefit of the lean philosophy? What are some examples of non-value added lead...
What is the benefit of the lean philosophy? What are some examples of non-value added lead time? How does a Pareto chart assist management? In what ways can the cost of a process be improved?
Write about the features of toyota production system and advantages of this system against traditional production...
Write about the features of toyota production system and advantages of this system against traditional production system.
What are the weaknesses and limitations of Toyota Production System? Recommend and discuss ways to improve...
What are the weaknesses and limitations of Toyota Production System? Recommend and discuss ways to improve the system. 400 words.
Discuss what you know on the lean thinking,system and types of waste with giving examples ....
Discuss what you know on the lean thinking,system and types of waste with giving examples . ** The answer should not be less than 10 lines** Thank you..
Discuss what you know on the lean thinking,system and types of waste with giving examples ....
Discuss what you know on the lean thinking,system and types of waste with giving examples . You answer needs to be at least 8 lines and in paragraphs
What are system access threats? and some examples.
What are system access threats? and some examples.
Provide 2 examples of the three Lean System Components in a healthcare setting? Component: Elimination of...
Provide 2 examples of the three Lean System Components in a healthcare setting? Component: Elimination of Wase, Respect for people, continuous improvement.
What is the "false self system"? What are some examples of the false self? Why is...
What is the "false self system"? What are some examples of the false self? Why is it apart of our personalities?
What is a refractory metal? What are some examples? What is a precious metal? What are some examples?
What is a refractory metal? What are some examples? What is a precious metal? What are some examples?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT