Don’t let language be a hurdle in your business
Lean Manufacturing involves constant efforts to eliminate or reduce ‘muda’ (Japanese term defining waste or any activity that consumes resources without adding value) in design, manufacturing, distribution and customer service processes.
As an operational system, Lean Manufacturing maximizes added value, reduces essential support and eliminates waste in all processes throughout the value chain. Waste in this regard may include over-production, inventory tasks, waiting time, correction, transportation and over-processing.
In summary, the equation for Lean Management is: Increased profitability equals increasing prices or reducing costs. A big part of the cost is the turnaround time between an order being placed and when it is shipped.
What is your Manufacturing Lead Time from the placement of an order to shipping? What would you expect as the standard for your business? What do you foresee as a likely evolution for both you and your customers?