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Lean Manufacturing - Research Paper Example

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In present days, organizations are experiencing lower productivity, high costs, excessive inventory and poor working environment in their production facilities. To increase the outcome while enhancing the productivity has become an increasingly tough challenge for organizations…
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Lean Manufacturing
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Download file to see previous pages In manufacturing, the issue of cost has become one of the most significant aspects for majority of organizations. The contemporary period of conducting business has certainly become harder which demands high level of cost efficiency and productivity. Lean manufacturing not only decreases the operational expenses but also enhance organizations’ attractiveness (Bourque & Fox, n.d.).
Lean manufacturing is often recognized in refining functional efficiency. Lean manufacturing is the progression, method, approach and initiative being applied by organizations globally in order to reduce redundant and unproductive activities which can result in extra expenses. Therefore, it enhances the workplace productivity and develops better working environment. The paper will describe the use of lean manufacturing in organizations to save cost and increase efficiency. In order to analyze the issue the paper will discuss three case studies of Toyota, Motorola, and Park Nicollet that operate in different industries, and have successfully improved productivity and reduced costs by implementation of lean manufacturing system in their workplace.
Nowadays, economic affordability concerning customer price sensitivity, product quality, and price are gradually motivating organizations to apply lean manufacturing system. International competition is growing in almost every commercial segment. The incorporation of capital market, decline in trade obstructions and increased business expansion where production costs are lesser can be proved as significant obstacles for competition. For any organization, the first mover advantage and rapid response to customers’ requirements, enhancement of product quality, and decrease in production costs in order to keep the price of products low are vital for success in the competitive market. Lean manufacturing with its major concentration on the organized abolition of waste has rapidly ...Download file to see next pagesRead More
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