In practice, lean manufacturing is an operating philosophy that yields a number of long-term benefits that aren’t always obvious to those who are considering adopting it. The first thing most ...

It’s a question that crops up with amazing regularity: What’s next after lean manufacturing? It’s an odd inquiry, really, because it implies that you “finish” lean or toss it aside in favor of the ...

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 ...

You can increase the efficiency of your manufacturing operations and cut costs by adopting lean manufacturing concepts. Implementing a program of lean manufacturing identifies sources of waste and ...

(Reuters) - Lean manufacturing principles, widely touted by companies as an effective way to eliminate waste and boost the bottom line, often do not achieve targeted cost savings, according to a study ...

The principles of lean manufacturing have proven their effectiveness across various industries, and the project management domain is no exception. The integration of lean principles into project ...

I am going to share some pictures with you from Hodges Millwork of Royce City, Texas, in this article to demonstrate just how common sense lean is for anyone who may still doubt the simplistic, yet ...

In the context of increasing global industrial competition and intensifying customer demands, there has been considerable pressure on U.S. small- and medium-sized (SME) manufacturers in recent years ...

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 ...

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 ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...