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Benefits And Challenges Of Lean Manufacturing

Strategy Driven

Therefore, lean manufacturing is about reducing or eliminating waste across the board, from customer service and design to distribution and manufacturing. It is also commonly referred to as lean production. There are many benefits associated with lean manufacturing, as well as numerous challenges.

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Cracking Hierarchies In Japan After the Tohoku Earthquake

Harvard Business Review

Thus there is a high probability of long-term radiation leaks that will devastate the local Fukushima economy, which is dependent on agriculture (sales of spinach, broccoli, and other produce from a wide area are already banned ) and fisheries (who knows what the long-term implications are here) and of course the destroyed plant.

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Breaking the Death Grip of Legacy Technologies

Harvard Business Review

automakers took decades to adopt lean production methods despite the obvious benefits from increased productivity and lower work-in-process inventory. Even General Motors, which had a bird’s eye view of the Toyota Production System from its joint venture with Toyota at New United Motors Manufacturing Inc.

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The Coherent Conglomerate

Harvard Business Review

Danaher, a smaller but very profitable conglomerate with a diverse range of manufacturing businesses, has a very different set of strengths; it applies its distinctive lean production system to a variety of product sectors, often through companies that it acquires and then transforms.

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What You Won’t Hear About Trade and Manufacturing on the Campaign Trail

Harvard Business Review

Generally, what we see is the country where the final assembly of a product took place. Almost every sophisticated manufacturer uses some kind of lean production system that pulls raw materials in from a warehouse. Long gone are the days of vertical integration when a manufacturer could make everything itself.