Lean management Flashcards
What are the key elements/principles of lean thinking/management?
1) Enhance value and remove waste by looking down, not up.
2) shift the focus of management from existing organization, technologies and assets to the product.
3) Define value (defined by customer) create flow to a single and continuous flow
4) pursuit perfection
5) The main thing is to question everything: why is this task necessary?
What were the key changes made in the bicycle factory to turn it into lean organization?
1) Standard-cost accounting systems (make machine and employee utilization their key performance measures, treat in-process inventories as an asset, support muda production)
2) Single piece flow, takt time, for each product family
3) Major operations slashed into smaller machines
4) Quick response, easy scheduling, MRP not needed (only for LT capacity
planning, if any)
5) High cost to maintain complex system
