Lean manufacturing is a relentless process of delivering what the client needs, when they need it, at a value they are ready to pay while utilizing the minimum measure of assets. The central thought behind lean is minimizing waste, hence creating more value for customers with fewer resources. The concept of lean manufacturing (LM) was originated at Toyota plant, Japan after the Second World War as a …show more content…
The impact can be huge when these principles are applied on the enterprise supply chain as opposed to just the shop floor.” This requires an overhaul in thinking right from the top management. Also, these initiatives do not reap much fruit when executed with the prime intention of just cost reduction. Organisation should seek out lean thinking as a means to achieve operational excellence, not just cost effectiveness if they want to be in the race for the long