Study on Product Design Methodology for Reducing the Complexity of the Product
Year: 2023
Type: article
Abstract: Nowadays, in globalization industries are adopting new techniques and tools to produce goods for sustainability. However, manufacturing industries are facing challenges to minimize operations costs, market inconsistency, competition, and everlasting demands. Lean practice helps sustainability of the industries by doing more with less resources through elimination of non-value-added activities to maintain effectiveness and profitability. Lean manufacturing is an innovative business model originated by Toyota Motor Company. This model is highly useful in identification of waste processes which further helps in waste reduction. Lean manufacturing is a technique to improve productivity through waste reduction and enhancement of business processes. Lean manufacturing was originally initiated in an automotive industry which was adopted by rest of the world due to high rate of success. Moreover, a lean model indicates that concurrent engineering has the highest correlation to lean practice whereas new product development has the lowest significance. The new product development is not common because most industries have a lack of innovation, limited technology, less desire of customers on changes of product features, dearth of research and development culture, lack of desire from top management, inadequate resources, and a fear of failure for new products. It was advised that effective application of lean factors enable companies to map risk of non-value-added activities and improve business value. However, there are some key challenges which affect the efficiency of lean manufacturing. This research is an attempt to identify the factors which affect lean manufacturing and the ways to overcome those challenges which can benefit the organizations implementing this technique.
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W7217808267