lean management Flashcards
what is lean management?
- an approach that improves efficiency and effectiveness of operations by climinating waste and improving quality
explain the principle of lean management pull.
production depend on customer demand, the customer “pulls” the final product through production rather than businesses “pushing” inputs through at a rate that is too high or too low.
it minimises waste and improves efficiency by eliminating excess stock that is not sold and reducing the costs of inventory as it will ordered only when needed.
it increases effectiveness by making sure the goods do no become defective/spoiled
explain the principle of lean management one piece flow.
goods move through production one at a time in a continuous flow.
this minimises waste and increases efficiency by getting rid of waiting time and stops, so that employees and machinery are never idle and it increases effectiveness by avoiding a pile-up of in-process goods (more likely to create defects, breakages)
explain the principle of lean management takt.
a schedule where each unit is manufactured in the same amount of time that new finished output is needed to be sold to customers.
it reduces waste and increases efficiency by allowing the business to create a consistent workflow and increases effectiveness by making sure finished outputs are ready when needed
explain the principle of lean management zero defects.
- means the business strives for perfection, it is achieved by identifying errors and rectifying them immediately.
- it minimises waste and increases efficiency by avoiding the need to go back and is increases effectivieness by making sure the output is up to standard