Lean Manufacturing & Its Effectiveness In Automobile Industry: Lean Manufacturing -SCM- Automobile Industry

Much as mass production was the production system of the 20th century, lean manufacturing, which focuses on the elimination of waste in the production process, has been heralded as the production system of the 21st century. “A systematic approach to identifying and eliminating waste through continuous improvement, flowing the product at the pull of the customer in pursuit of perfection.” There are five basic principles of lean manufacturing: . Understanding Customer Value . Value Stream Analysis . Flow . Pull . Perfection