The concept of lean manufacturing was developed only after the recognition of wastes in the manufacturing process that cause a loss of money and material resources. Unfortunately, there are no set of instructions, and every practitioner has to make the process more efficient and less wasteful with his own creativity. What is almost same everywhere is kind of wastes that are present, which are also discussed below- Lean finds its origin in the Japanese manufacturing…
For Entrepreneurs who are only just starting up, they are not only the idea generators, but also managers who have to take key decisions for improving the efficiency of their business process. Lean methodology goes a long way in making these decisions easier. It is the age of the startup. Entrepreneurs are everywhere, as businesses big and small are birthing around the clock. Not all of these businesses survive. Most businesses either fail to live…
In an increasingly competitive and fast–paced market, company executives are required to make informed strategic business decisions, to maintain their competitive edge. The challenge today is to organize information for supporting timely analysis of changing market conditions and the ability to make data-driven decisions. Here at Applied Performance, we have been providing streamlined solutions and maximizing the productivity and profitability of our clients, ever since 2008. We have been successful in delivering our mission consistently…
Lean Technique is being used in the production sector of almost all the industries for quite some time now. However, this professes a boon specifically to the Oil and Gas sector. With measured steps, implementing a proper working atmosphere and conditioning the work culture, revolution can be brought to the Oil and Gas Industry. Lean is a principle, a way of thinking that is implemented in many industries, specifically in the Oil and Gas Industry,…
Most of the companies today begin their lean improvement by implementing 5S, which is the Japanese methodology of minimizing errors. It is a good way for these companies to get familiar with continuous improvement cycles by involving workers to organize and improve the workplace conditions. The following article highlights the benefits of 5S process implementation for various growing organizations. 5S is a valued member of the lean tool kit. It literally stands for 5 individual…
Before you invest in any major project, it is important for you to consider the potential benefits against the total cost involved. Lean manufacturing techniques are no different. Here again, you are required to consider whether the benefits of lean will offset the overheads incurred to implement the techniques. Take a look!