Apac
  • Home
  • CXO Insights
  • CIO Views
  • News
  • Conferences
  • Newsletter
  • Whitepapers
  • About us
Apac
  • Admired Tech

    Agile

    AI Healthcare

    Artificial Intelligence

    Augmented Reality

    Aviation

    Big Data

    Blockchain

    Cloud

    Cryptocurrency

    Cyber Security

    DevOps

    Digital Transformation

    Drone

    HPC

    Infrared

    Internet of Things

    IT Services

    Marine Tech

    Networking

    PropTech

    Remote Work

    Robotics

    Scheduling Software

    Sensor Tech

    Simulation

    Smart City

    Software Testing

    Startup

    Storage

    Unified Communication

    Web Development

    Wireless

  • Automotive

    Banking

    Capital Market

    Construction

    E-Commerce

    Education

    FinTech

    Food and Beverages

    Gov and Public

    Healthcare

    Insurance

    Legal

    Logistics

    Manufacturing

    Media and Entertainment

    Metals and Mining

    Pharma and Life Science

    Retail

    Sports

    Travel and Hospitality

  • CISCO

    Google

    IBM

    Microsoft

    Oracle

    Salesforce

    SAP

    ServiceNow

  • Business Intelligence

    CEM

    Cloud-based Planning

    Cognitive

    Collaboration

    Compliance

    Contact Center

    Contact Tracing

    Contactless Payments

    Corporate Finance

    CRM

    Custom Software Development

    Data Center

    Digital Signage

    Enterprise Architecture

    Enterprise Asset Management

    Enterprise Communications

    Enterprise Contract Management

    Enterprise Performance Management

    ERP

    Facility Management

    Field Service

    Fleet Management

    Gamification

    HR Technology

    IT Infrastructure

    IT Service Management

    Managed Services

    PLM

    Procurement

    Product Management

    Project Management

    RegTech

    Revenue Management

    Sales Tech

Menu
    • CISCO
    • Collaboration
    • Compliance
    • Contact Center
    • Healthcare
    • IT Service Management
    • Microsoft
    • Retail
    • MORE
    #

    Apac CIO Outlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIO Outlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • News
    • Manufacturing
    Editor's Pick (1 - 4 of 8)
    left
    No Time for Downtime

    Colin Boyd, CIO, Joy Global

    Safeguarding Most Important Wealth - Intellectual Property

    Richard Caron,

    Leveraging Big Data to Keep Big Trucks Up and Running

    Terry Kline, SVP & CIO, Navistar

    'Internet Of Things' Drives Technology Convergence Into Connected Enterprise

    Jerry Fox,VP, CIO, Rockwell Automation Inc.

    Leveraging Operational Excellence through IoT in Aerospace

    David Jarvis, VP/CIO, Honeywell Aerospace

    CIOs and Factories of the Future: IT and Advanced Manufacturing will be Interdependent and Inseparable

    Vince Campisi, CIO, GE Software

    Facing the Challenge of Digital Disruption

    Mark Mincin, CIO, Epicor Software Corporation

    Minimizing Risk and Increasing Profit Margins with Flexible Technology

    Manolis Kotzabasakis, CTO & EVP of Research & Development, AspenTech

    right

    5 Lean Manufacturing Benchmarks to Follow

    By Apac CIO Outlook | Monday, January 06, 2020
    Tweet

    Lean Manufacturing Tools and TechniquesGoing lean has been the goal of most companies in the last few years because lean has proven to be an effective model for most demanding industries like software development, manufacturing, construction, and many others. 

    In today's cut-throat competition where improved quality, shorter lead times, increased profit, reduced cost, enhanced productivity and better customer service are used to measure a company’s worth, lean is the methodology to follow. Lean manufacturing is simple to understand and quickly makes an impact when implemented properly.

    The Lean Manufacturing Benchmarks To Follow:

    1) Abolishing Waste

    Lean principles revolve around the idea of detecting waste and minimizing them. It uses the acronym "DOWNTIME" which reveals the 8 types of waste Lean Manufactures target:

    • Defects are arguably the most costly type of waste, especially if it reaches the customer.
    • Overproduction is making more products than ordered. It can cause raw material shortage and wastage of labor hours.
    • Waiting is when the line shutdown occurs while equipment repair or waiting for parts.
    • Not using people’s talents is when manufacturers fail to use their employee’s talents properly, holding back the innovation at the organization.
    • Transportation is what drives the manufacturing process, from material delivery to supply chain and specific production areas.
    • Inventory comprises of raw material, finished goods, sub-assembly, office supplies and Maintenance, Repair and Operations (MRO). Outdated inventory can take up valuable space.
    • Motion means reaching, bending, walking and lifting. Even sharing tools between workstations can waste a lot of time while retrieving it.
    • Excess processing is spending time on product features that don't affect the functionality.

    2) Constant Improvement

    Lean manufacturing is not a one-time job, nor is it ever finished. Thus, promoting a culture of continuous improvement instills Lean thinking throughout your organization. Constant Improvement can happen daily. Continuous improvement can also be attained through kaizen, a Japanese term translated to "Change for the better". Kaizen helps unearth problematic process and their possible solutions. 

    Kaizen events can range from something as simple as using a separate cart to store non-standard tools to rearranging a work cell to improve the flow of the entire production line and enhance the return on lean investment.

    3) Classify

    Using Lean Manufacturing 5S organizational methodology and the continuous improvement process, the manufacturer dictates process efficiency. Starting from bottom-up, building value streams based on assembly complexity and volume. Then, dividing those value streams into work cells and within those work cells, work instructions and every tool is identically placed in order to implement a smooth workflow. The Lean Manufacturing 5S organizational methodology:

    • Sort
    • Set in Order
    • Shine
    • Standardize
    • Sustain

    4) Safety

    Practicing 5S makes a workplace safety and safety of employees is critical. Safety should not be sacrificed to go lean. If the unfortunate happens and an employee gets hurt, the time lost during injury could partially defeat the whole purpose of going lean.

    5) Track Metrics

    Measuring is important to improve. If you don't measure then you don't improve. If there is an inefficient process within the facility then track its metrics, determine where you stand and set goals for betterment. Tracking can better the odds of preventing future financial and physical damage.

    Check This Out: Defense Technology Solution Providers | CIOReview

    tag

    Lean Manufacturing

    inventory

    Financial

    Weekly Brief

    loading
    Top 10 DevOps Solution Companies - 2019
    Top 10 DevOps Consulting/Services Companies -2019
    ON THE DECK

    DevOps 2019

    Top Vendors

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    Five AI Technologies to Help Boost Business

    Five AI Technologies to Help Boost Business

    Popular E-Commerce Growth Trends in 2021

    Popular E-Commerce Growth Trends in 2021

    Four Reasons to Implement Cloud Managed Services

    Four Reasons to Implement Cloud Managed Services

    Leveraging CRM to Transform Leads Into Customers

    Leveraging CRM to Transform Leads Into Customers

    Major IoT Software Implementation Challenges

    Major IoT Software Implementation Challenges

    Key Advantages of Using Smart Home Technologies

    Key Advantages of Using Smart Home Technologies

    Loading...

    Copyright © 2021 APAC CIOoutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy  |  Sitemap |  Subscribe

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/5-lean-manufacturing-benchmarks-to-follow-nwid-5668.html