33:799:301 Lecture Notes - Lecture 8: Toyota Production System, Six Sigma, Quality Management
Document Summary
It incorporates both fixed and variable costs used in the manufacturing, storage, and delivery of the product. Includes all costs associated with: production and procurement activities, transportation activities. Production before it"s needed, or in excess of customer requirements. Elapsed time b/t processes when no work is being done. Non-utilized talent underutilizing people"s talents, skills, or knowledge. Extra-processing the workforce by not asking for input or recognizing success. Inventory excess butter: benefits of lean, reducing wastes results in, reduced cycle times, greater throughput, better productivity, reduced costs. Improved quality: all of these can improve customer satisfaction and provide the company w/ a competitive advantage, the 5 s"s. The five pillars of the visual workplace are a systematic process of workplace organization. Keep only necessary items in the workplace, eliminate the rest. Straighten organize and arrange items to promote an efficient workflow. Clean the work area so it"s neat and tidy.