Lean is used
to describe organizations, business processes and functions such as
manufacturing, distribution and supply chains that have a minimal amount of
waste and maximum responsiveness. It is all about developing the most value for
the customer by minimizing the time, effort and resources. Lean manufacturing
is a combination of techniques that are used to eliminate the non-value adding
activities and waste from the business processes. Organizations that
incorporate lean in their business; extend this concept to their entire supply
chain. Lean organizations and businesses exhibit minimal waste in the following
8 areas:
·
Transportation
and movement
·
Inventory
·
Motion
·
Waiting
·
Overproduction
·
Over-Processing
of components
·
Defects
in products, services and business processes
·
Human
resource
These eight
categories of efforts can be applied anywhere in a business, but manufacturing,
distribution and supply chains that focus on these areas of waste have the
lowest cost, shortest lead times, highest quality and highly skilled people. It
requires utilizing the proper tools and methodologies for identifying the areas
of waste inside a company that will generate the maximum ROI by addressing
strategic and operating gaps. For organizations that embark on a Lean
Manufacturing journey, it is critical to engage a consulting firm who is
capable of supporting the journey from start to finish.
Group50, a
leading Lean Six Sigma ManufacturingConsulting firm understands the change management process required to
successfully implement lean programs that are scalable and sustainable. They
have subject matter experts who understand the investigation, design and
implementation of lean manufacturing and supply chain programs. They utilize
tools such as Value Stream Mapping, Financial Modeling, Spaghetti Diagrams, Work
Flow analysis, Supply Chain Modeling, Six Sigma Tools and techniques like the
DMAIC process and many others to identify and root out wasted effort.
Advantages of adopting Lean Six Sigma
Manufacturing:
Reduced operational costs
Lean Six
Sigma makes the organization more efficient and effective in delivering the
final product or services to the customers by reducing its exposure to various
risks factors. This significantly reduces the process cycle time, turnaround
time and lead time thereby reducing the operational costs.
Provides competitive advantage
When your
business processes are improved, a significant difference will emerge between
you and your competitors. This outcome you can use as your marketing and sales
pitch and to outshine your competitors.
Improves efficiency
Lean Six
Sigma partially or fully automates the process where manual intervention is
more than required. It improves the timelines of the processes which improves
the on-time delivery of the products or services.
More satisfied customers
By
incorporating Lean Six Sigma, the organizations can have a better service,
better quality, and better delivery of the products or services which
eventually leads to satisfied customers.
For implementing
sustainable lean manufacturing program that will meet the company’s strategic
needs, be more cost-effective, have higher quality, better lead times and
reduced working capital requirements, hire LeanManufacturing Consultants who can carry out Lean Manufacturing Assessment
for your organization.
Hire
Group50, a lean consulting firm that will look closely at a company’s supply
chain from raw materials to delivered product and identify how it performs
against global best practices with a focus on speed, cost, quality, and
sustainability. They will look at how well your supply chain is positioned to
support the company’s strategic objectives.