Lean manufacturing and Six Sigma principals are used to improve processes and create efficiencies in the overall manufacturing process. Lean manufacturing is used to minimize waste, while saving costs ...

Lean manufacturing isn't just a trendy concept; it's a strategic framework designed to streamline processes, slash costs and boost productivity. By minimizing waste and focusing on value-added ...

Lean manufacturing is an inventory-management and manufacturing strategy that companies implement to reduce costs, increase productivity and gain a competitive advantage. The techniques lean ...

Lean manufacturing starts with “buy in” at the shop-floor level, by individual workers. Those who do the work need to be fully invested in the process for it to succeed. Lean manufacturing is perhaps ...

You might have heard about lean manufacturing techniques and how they’ve helped companies such as Toyota streamline their processes, reduce waste, minimize costs and increase productivity. But if ...

Hess Corp is taking a page out of Toyota’s manufacturing book as it looks to cut costs and thrive at $40 oil. Automaker Toyota Motor Corp (NYSE: TM) disrupted the automotive industry when it developed ...

It is imperative to predict or at least know the quantified financial benefit of the Lean Journey. Often, firms can show improvement in terms of cycle times and setup times, but the expression and ...

There is a common lean phrase, “Bad systems beat good people.” Sometimes it is attributed to Dr. W. Edwards Deming although it isn’t actually his quote. I’ve used it for 20 years but couldn’t tell you ...

Digital information technologies can help companies enhance their lean manufacturing strategies. Tim Stuart, founder and president at Visual Decisions Inc., used a FitBit to illustrate how. “FitBit ...