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Lean Manufacturing Consulting Company To Help Reduce Waste And Maximize Productivity
Posted: Feb 10, 2024
Lean manufacturing focuses on minimizing waste within manufacturing systems while simultaneously maximizing productivity. The production system focuses on creating customer value and seeking continuous process improvement. This is achieved by applying lean principles and techniques to eliminate waste from a manufacturing cycle. The first step of lean manufacturing is to identify the product features that are most important for consumers. Value stream mapping is an important consideration of lean manufacturing consulting company which helps in adding customer value. It allows managers to visualize each step in the production to identify waste and opportunities for improvement.
There are eight types of waste that a lean manufacturing company can help an organization to reduce. These are:
Defects: These cause delivery delays and logistics headaches that can result in customer dissatisfaction. Fixing defects can cause a company to spend extra time fixing issues.
Non-utilized Talent: Not utilizing the full talent of employees can have a big impact on the company’s bottomline.
Overproduction: It causes excessive inventory that leads to storage expenses.
Transportation: The process doesn’t add value to the end product, rather adds to cost. So, suppliers should be positioned near the production plants.
Waiting: Waiting period can wrack havoc on customer satisfaction. In manufacturing, it can result due to machinery downtime, causing packaging delays.
Motion: It costs will hits an organization in the form of waste caused by not following the 5s’ lean manufacturing principles, such as poorly designed workspaces.
Inventory: It happens when the product is sitting to be sold. Inventory has a physical cost associated with it, so not more than necessary products should be kept in inventory.
Extra Processing: It results in organizational costs due to time for staff, and also makes the process less efficient as employees perform extra processing, while this time can be used for value-adding tasks instead.
Addressing these eight areas of waste requires utilizing the proper tools and methodologies for identifying the areas of waste inside a company that will generate maximum ROI. Group50 lean manufacturing consulting company utilizes tools like Value Stream Mapping, Financial Modeling, Six Sigma Tools, and techniques such as DMAIC process and many others to identify and root out wasted efforts. Group50’s Lean Manufacturing Assessment is a company-wide diagnostic that will determine the strengths and weaknesses, and possible risks and opportunities that exist inside a company. The result will give stakeholders actionable recommendations focused on maximizing value and mitigating risks. It provides a macro view of the company, wherein Group50’s experts develop in-depth company physicals, and go deeper into the performance of strategic business processes.
Deploying effective supply systems
In the Lean Manufacturing Assessment Overview, Group50 lean manufacturing consulting company looks closely at the company’s supply chain, and identify how it performs against global best practices with a focus on speed, cost, productivity, and sustainability. Other focus areas of the assessment include delivery performance and lead time, continuous improvement programs, quality performance of internal operations and vendors, and effectiveness of deployed supply systems. The experts will provide a short-medium-long term recommendations on how to create a sustainable lean manufacturing program that will meet the company’s strategic needs, resulting in better lead times and reduced working capital requirements.
Group50.com is a top US based Global management consulting firm that helps businesses develop performance. Our Strategy Execution Consulting Services and Business Process Management Services quickly automate business growths & profitability.