Harvard Business Review
MAY 26, 2016
It involves replacing traditional mass manufacturing with “lean manufacturing” principles. Over the last thirty years, the lean approach — developed by Japanese automakers — has permeated the manufacturing sector in developed countries, but is much less commonly used in the developing world.
Chartered Management Institute
MARCH 6, 2012
Despite this, many companies undertaking lean manufacturing do not measure the effectiveness of their efforts on improving the bottom line. The meeting example is probably very cheap, but other improvements may require investment in new technology, training or tools.
Harvard Business Review
MAY 31, 2016
the Internet of Things (IoT), Digital Manufacturing, and big data and advanced analytics. There is a common misconception that technology alone can produce magical results. The technologies and processes that are transforming companies. It was all reminiscent of 19 th century advertisements for cure-all patent medicines.
Expert insights. Personalized for you.
9 
Let's personalize your content