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In: Operations Management

Summarize the applications of Lean supply chain or Value Stream mapping in real estate sales field.

Summarize the applications of Lean supply chain or Value Stream mapping in real estate sales field.


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Expert Solution

Today, Lean is an idea, thinking, and training method. For over 50 years, associations have put away time and cash embracing the standards of Lean.

A Lean association centers on giving the best quality inside the briefest conceivable lead time, while limiting waste all through your procedures (squander being delegated any asset that isn't being utilized appropriately). We may initially believe that limiting waste methods limiting stock, however time, exertion and individuals are likewise assets to be used appropriately. Dissecting how individuals are utilized and time is spent is a basic advance in limiting waste.

Quality improvement: When potential issues are immediately distinguished and tended to right off the bat in a procedure, there will be negligible adjust in the framework and greatest improvement in the general nature of the finished result.

Efficiency increase: With the use of Lean methods, ventures are permitted to create more with accessible assets while annihilating non-esteem included exercises. MRO associations can record an improvement in efficiency of up to 30 percent yearly.


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