Question

In: Operations Management

Five tools lean organizations commonly turn to in their pursuit of perfection

Five tools lean organizations commonly turn to in their pursuit of perfection

Solutions

Expert Solution

Value: Lean is starting from the point of understanding what is value? The value is actually what the customers are willing to pay for the products. All teams nut therefore focuses on offering or creating value.

Value stream: The value creation is starting from the source which means that from the raw materials through consumption to disposition. These processes are going to ensure that there is a complete understanding of the product creation.

Flow: The lean is focused on the elimination of waste. This means that the goods must have a consistent flow and there should be no stops at the course of the flow. In this case, the products will keep flowing across to avoid wastes.

Pull: This is a principle that starts work from the point of customer demands. In this case, there will be no upfront manufacturing. Therefore, the issues of waste in the firm is minimized and eliminated in the market.

Perfection: The continuous improvement is an element of perfecting. This means that the firm is going to have a complete success in creating lean in the production process. Any defects are limited and eliminate in the firm.

The perfection of the production is made effective by the fact that the firm is able to serve and address the needs of the clients on time. Wastes are eliminated at all points and ensure that the firm is effective in serving its goals.


Related Solutions

Describe the two tools commonly used to evaluate an organizations external and internal situation.
Describe the two tools commonly used to evaluate an organizations external and internal situation.
46. A police officer in hot pursuit drives her car through a circular turn of radius...
46. A police officer in hot pursuit drives her car through a circular turn of radius 300 m with a constant speed of 80.0 km/h. Her mass is 55.0 kg.What are (a) the magnitude and (b) the angle (relative to vertical) of the net force of the officer on the car seat? (Hint: Consider both horizontal and vertical forces.) I don't understand why the net force in the problem is centripetal force and gravitation. I think there should be normal...
Define Lean Six Sigma Methodology along with its tools and techniques?
Define Lean Six Sigma Methodology along with its tools and techniques?
List at least five benefits of the Lean Thinking Model.
List at least five benefits of the Lean Thinking Model.
List 5 sources of applicants that you consider to be the top sources organizations turn to...
List 5 sources of applicants that you consider to be the top sources organizations turn to when recruiting. For each source, identify needs specific to the source, as well as pros and cons of using the source for recruitment.
What are some tools for Project Management in Health Services Organizations
What are some tools for Project Management in Health Services Organizations
Committee of Sponsoring Organizations What is the Committee on Sponsoring Organizations (COSO)? What are the five...
Committee of Sponsoring Organizations What is the Committee on Sponsoring Organizations (COSO)? What are the five components which the organization outlines for an entity to use to achieve the organization’s objectives? Please define each of the five components with a minimum of one sentence.
There are five promotional tools; present three key reasons why these promotional tools are important for...
There are five promotional tools; present three key reasons why these promotional tools are important for consumers. You may want to link this question with concepts of marketing. Please describe elaborately with examples
What does a Lean organization value the most? 1. Job security over service 2. Tools first,...
What does a Lean organization value the most? 1. Job security over service 2. Tools first, then people 3. People first, then tools Which statement best describes the term Lean? 1. A flavor of the month fad that will likely soon be forgotten 2. A broad cachphrase that describes a holistic and sustainable approach to using less of everything to give you more 3. An improvement approach focused primarily on applying tools to eliminate waste The logic of Lean includes...
Please turn in a 500-700 words in length paper following APA formatting. General Tools is seeking...
Please turn in a 500-700 words in length paper following APA formatting. General Tools is seeking ways to maintain and improve cash balances. As company controller, you have proposed the sale and leaseback of much of the company's equipment. As seller-lessee, General Tools would retain the right to essentially all of the remaining use of the equipment. The term of the lease would be six years. A gain would result on the sale portion of the transaction. The lease portion...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT