POLS 3560 Lecture Notes - Ananya (Actress), Lean Manufacturing, Royal Dutch Shell
26 Mar 2014
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Pols 3560 fall/winter 2011/2012 ananya mukherjee-reed. Lecture 13 globalization: lean production jan 31. Jit eliminated the need for each stage in the production process to hold buffer stocks, which resulted in huge savings. It involves the workforce much more directly in controlling their own inventory needs, and it allows a variety of models to be produced on the same assembly line simultaneously. Before its introduction, assembly lines had been able to cope with only one model at a time. To produce another model required closure of the line and expensive retooling . Wages not related to the cost of living of the worker, but profitability. Even a depression is a place for opportunity if you have cash, scale and ambition , begins the report. Between 2004 and 2008, total revenues of the top. 2000 companies have increased from . 4 trillion to trillion, an increase of.
