Year: 2024
Type: article
Abstract: This comprehensive article explores the transformative impact of lean manufacturing and process optimization in modern industrial settings. It delves into these methodologies' principles, tools, and benefits, highlighting their crucial role in enhancing operational efficiency, reducing costs, and improving product quality. The article presents key statistics and case studies, including Japanese automotive manufacturer's benchmark lean manufacturing model, to demonstrate the significant improvements in productivity, quality, and cost-effectiveness achieved through these approaches. It also discusses the implementation strategies for lean and process optimization, emphasizing the importance of leadership commitment, employee training, and technology integration. Integrating Industry 4.0 technologies with lean principles, termed Lean 4.0, is introduced as the next frontier in operational excellence.
Author: Sujata Sujeet Dutta
Institution: St. Cloud State University
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4403199119