2007-04-01 12:50:52 · 3 answers · asked by troy j 1 in Business & Finance ➔ Corporations
This was asked a last week by another. Repost of my answer;
Lean manufacturing is the principle where work in progress on a factory floor is minimized, to reduce costs associated with having parts tied up in production.
There is lot more to it but that's the basic idea. See link.
2007-04-01 14:48:22 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Lean manufacturing is essentially the business philosophy created by Toyota. It's also called the Toyota Production System. There are millions of links about this in the internet, but one good source is ...
http://www.great-solutions.biz
2007-04-01 19:54:47 · answer #2 · answered by jdkilp 7 · 0⤊ 0⤋
Usually, "ON TIME" shipping. When an order is received, it does not become warehoused, to sit and wait for shipment date. This type of production practices of being lean requires workforce reduction, and products that are not usually made until time for shipment. Cuts back on warehousing, especially when orders are regularly canceled.
2007-04-01 20:03:00 · answer #3 · answered by The Busy lady 1 · 0⤊ 0⤋