INTBUS 6 Lecture Notes - Lecture 8: Business Process, Systems Theory, Lean Thinking
22 Oct 2020
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Chapter 13 jit/lean production philosophy of manufacturing based on planned elimination of all waste and on continuous improvement of productivity; synonymously used: lean. Lean: philosophy of production that emphasizes the minimisation of amount of all resources (including time) used in the various activities of an enterprise; involves identifying and eliminating non-value adding activities in design, production, supply chain management. Lean philosophy can be applied to wide range of production and service environments. Firms applying the lean philosophy can use a wide range of planning and control techniques. Lean philosophy is consistent with business process and quality improvement. Key component of lean philosophy is a never-ending effort to eliminate waste. Waste: activity that does not add value to good or service in eyes of customer; muda in japanese. Waiting: due to inflexible or unreliable processes. Produce goods before required due to inefficient layouts or inability to match demand with output levels.
