Candix Firm Candix Company represents a firm that has been in existence since 1976. The company could not function effectively after the death of the managing director in 1995 hence the dormant state of the firm until 2000. In 2000, the company came to functioning after reactivation to offer procurement services to the oil and gas industry in Nigeria. The company experiences numerous aspects of success since the reactivation process. The company operates on three main activities: procurement of goods, engineering projects execution and maintenance, and manufacturing of paving stones. Despite of the rapid growth, the company experiences low profits in the attempt to provide quality services and products to consumers at low cost. This situation calls for application of the lean principle in order to improve the condition of the company. Lean focuses on the delivery of more value in relation to the firm or company, in the process of satisfying the needs and requirements of the firms. Lean principles or policies reflect key management strategies which an organization might decide to adopt in order to effect dramatic transformation to crucial metrics within the structure. Implementation of the lean concepts should occur in the presence of enhancement of the velocity, minimization of the wasteful practices, and balancing of the flow process. Application of lean in the improvement of the Candix's condition should consider meeting the needs of the consumers, increment in
Lean Methodology in Health Care article is a ………article. The intent of this paper is to bring to light the methodologies used in the manufacturing industry. This systematic way of thinking can be used in health care to focus on the patient and add value to their health care experience. Plainly put, this method is to provide the best value from the patient’s perspective, while using the talents of the people in the establishment and using the least amount of resources. The article discussed the eight wastes found in any business. Those wastes are unused human potential, wait times, inventory issues, transportation problems, defects or anything not correct the first time, overproduction and excess processing. The article goes on to inform
Objectives of Lean are to: 1) Produce a product or perform a service in the most efficient way, 2) Deliver the product or service to customers on time, 3) Produce only quality products and services, 4) Deliver what is needed, when it is needed, in the amount it is needed.
The origins of lean thinking is actually created from the manufacturing industry. In the manufacturing or production industry, lean management design approach main objective is focusing on the elimination of waste and having a smooth workflow through a right process. Lean also enables the organization to improve performance.
Lean is defines the manufacturing philosophy that reduces the time between the shipping and customer demand, which based on the systematic method by eliminating waste, that means giving the customer what they want when they want it, and don 't waste whatever. Rahmana, Sharif and Esa (2013) suggested lean production is mentioned to improve the company 's performance from the philosophy in reducing waste in order. That means, lean system destination is the decrease cost by removing the non-value activities, which they are applying a category of tools and techniques for checking and eliminating defective in the production process. In the Evenort Company should emulate the five overriding principles of lean thinking in terms of implementing lean that there is guarantee the company has been driving correctly in the lean manufacturing (Cardiff 2015) as can show in table 1.
The main purpose of this research is to define better handling of ongoing project by complying with the principles of lean management to obtain maximum efficiency in production processing. During the project production lifecycle, many projects go through various challenges and to ensure that projects are handled in better ways, organisation perform different actions and approaches to retain project within budget and specified requirements. Today organizations face challenges in the form of intense international competition, rapid technology evolution, maturing customer expectations and quality demands. Therefore, to meet the customers expectation and finish project more efficiently, lean management approach can be more helpful in identifying bottlenecks and project causes at earlier stages of project development. This proposal will highlight issues and key solutions to the problems faced by projects these days by applying lean principles.
Lean management looks for different ways to eliminate factors that waste time, effort or money. This is achieved by analyzing a business process and then revising it or cropping out any steps that do not create value for consumers. Lean Management philosophy is based on the idea that organizations should set their strategies according to what the consumers really value, systematically eliminating waste both within the firm and along the process of supply chain. Many companies when implementing the Lean Management ideology complains that traditional Management Accounting Systems are unable to support their projects. At best, they are perceived as bureaucratic tasks, and at worst, they are considered a key constraint to both the acceptance and success of lean projects implemented in their organizations. The failure of these traditional Management Accounting tools and techniques has led to management consultancies in coming up with and developing a few range of Lean Accounting
‘Lean’ principles are a management philosophy developed by Japanese manufacturing industry in the 1950s. This philosophy is known as "Toyota Production System" (TPS). This approach to management is centered on the concept of creating more value for customers by elimination of waste. Cutting out waste while preserving quality aims at enhancing the overall customer experience. ‘Lean’ is a concept that is applicable in all aspects of business- production, manufacture, distribution etc.
Mr Taichi Ohno first developed the Lean Concepts at Toyota ( Womack, 1998) The principles he developed are applicable both to the manufacturing and the service sectors( A.Lakshminarasimha,2005). To enable a proper perspective on the concepts of Lean, an attempt is made to briefly recapitulate on them.
This map is used to identify sources of waste and to identify lean tools for reducing the waste. A future state map is then developed for the system with lean tools applied to it. Since the implementation of the recommendations is likely to be both expensive and time-consuming, we develop a simulation model for the managers at ABS in order to quantify the benefits gained from using lean tools and techniques. 2. Background We begin by providing a brief overview of the principles used in this work, followed by some background information on the company where the work was conducted. 2.1. Overview of lean manufacturing and its tools After World War II Japanese manufacturers were faced with vast shortages of material, financial, and human resources. These conditions resulted in the birth of the ‘‘lean’’ manufacturing concept (Womack et al., 1990). Kiichiro Toyoda, the president of Toyota Motor Company at the time, recognized that American automakers of that era were out-producing their Japanese counterparts by a factor of about ten. Early Japanese industrial leaders such as Toyoda, Shigeo Shingo, and Taiichi Ohno responded by devising a new, disciplined, process-oriented system, which is known today as the ‘‘Toyota Production System,’’ or ‘‘Lean Man-
This paper presents a review of the use of Lean Production in a process plant. It defines lean production as a process putting into consideration the history and the reason it was formulated. It also considers the application, benefits and the barriers to the effective maximization of the process.
Authors of the book Lean Thinking: Banish Waste and Create Wealth in Your Corporation, James P. Womack and Daniel T. Jones, focus on Lean thinking, the five principles of Lean with details on how to implement these ideals in their text. Additionally it provides evidence as to how creating a Lean factory will boost productivity and reduce inventories.
Lean Principles have been essential to numerous organisations all over the world for achieving outstanding results in terms of efficiency, quality and manufacturing times. Large organisations are especially acknowledged to implement lean principles successfully. However, in recent years small and medium sized enterprises have been in emphasis due to their flexibility and capabilities that provides the necessary robustness in the global economic crisis (Matt , 2007). Therefore, this paper will critically appraise and assess two separate case studies by authors Matt and Rauch (2013) and Kumar et al. (2006) respectively.
The purpose of the assignment is to demonstrate an understanding of lean management and the practical concepts within it. Lean management is an approach used to strategize development planning and improving targets, while delivering value to customers. Although company leaders may be enthused and conversant frequently they lack the ability to empower people to respond effectively to customer needs and competitive threats. Implementing a lean management system it shows how to support a company’s transformation by linking strategic management to companywide activities that furthers the corporate vision. Lean management is about operating the most efficient and effective organisation possible with least cost and zero waste (Thomas L. Jackson, 1996). In order to analyse this in a more in depth this assignment will examine Subway’s operational management. Operation management is the activity of managing the resources which create and deliver the product and services.
Figure 1 provides a conceptual framework of lean principles across the supply chain of the enterprise thereby yielding value to the customer. Lean thinking helps in providing flexibility to the needs of the customer. Emphasis is also put on organization of workplace which leads to more simplified work environment. Ease of access in the workplace and good ergonomic designs are some of the by-products of lean thinking methodology. Lean enterprises are more adaptable to changing market trends and also provide prompt delivery to products and services. [3]
Lean is a process where creating more value to customers by minimizing wastage, time with less resources. Lean organization understand the customer value and try to increase proceed which adding more value to the business. In order to accomplish the lean thinking