Lean manufacturing is an approach of ongoing improvement that targets the removal of waste products resources from a process so the goods move to the client at motivated rate with minimum inventory. It mainly targets eliminating resources that does not create value for the client. Predicated on Toyota Development System, Lean concentrates on conserving value with less work. "Lean synchronization is the purpose of achieving the flow of products and services which is able to deliver just what customers want, in exact volumes, exactly when needed, exactly where required at the lowest possible cost" (Slack et al, 2010). This survey evaluates the electricity and relevance of basic Lean key points and Management and can be applied the same rules in modern business environment.
Executive Summary
First part of the report talks about theoretical aspect of lean.
Main