In: Operations Management
Five tools lean organizations commonly turn to in their pursuit of perfection
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.