Walden University Implementing And Sustaining Lean Processes Executive Summary

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Business Finance

Walden University

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Executive Summary (1 page)

  • Part 1: What is Lean Thinking? (5–8 paragraphs)
    • Describe what lean thinking is and what its key elements are. Provide some examples of how different organizations use it, as well as an explanation of what challenges organizations may encounter when implementing lean thinking. (150–300 words, or 2–4 paragraphs)
    • Explain how lean thinking is applied to product systems. (75 words, or 1 paragraph)
    • Explain how lean thinking is applied to service systems. (75 words, or 1 paragraph)
    • Describe what a lean layout is, including a relevant example of its use in an organization, and explain how a lean layout can help an organization achieve its business outcomes. (1–2 paragraphs)
  • Part 2: How to Incorporate Lean Systems (5­–9 paragraphs)
    • Explain how organizations can create and sustain a lean culture. What, if any, differences exist in creating and sustaining lean cultures in product versus service organizations? What about in domestic versus global environments? (75–150 words, or 1–2 paragraphs)
    • In what ways can lean methods create sustainable supply chains? Explain your answer. (75–150 words, or 1–2 paragraphs)
    • Explain how sustainable supply chains can promote positive social change. (75–150 words, or 1–2 paragraphs)
    • What is performance measurement and continuous improvement? How should organizations incorporate both of these concepts into their lean systems strategy? Explain your answers. (150–225 words, or 2–3 paragraphs)

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Week 4 Assignment Template: Business Report on Lean Systems Thinking for an Organization Prepared by: Replace this text with your name. Date: Replace this text with the submission date. Walden University Executive Summary Replace this text with your executive summary. Your executive summary should be no more than 1 page and is meant to communicate to your readers (in this case, your client) why they should want to read the rest of your business report, as well as to summarize your findings. The paragraphs within your summary should be brief and include only essential information. Also, be sure to consider the audience for your report. Use language that would be appropriate for that target audience (in this case, your client company’s leadership). Be sure to include the following in your executive summary: • • An engaging first paragraph that is meant to “hook” your readers (In other words, why are they reading this report?) A brief summary of the main points in your business report, including the “problem” to be solved and your proposed “solutions” or “recommendations” Following are some general references if you need more information about how to write an executive summary. (Please note that these resources go into more detail than is required for what you will submit for this Assignment.): • • Foley, B. (2018, April 10). How to write an effective executive summary [Blog post]. Retrieved from https://www.surveygizmo.com/resources/blog/how-to-write-executive-summary/ James, G. (2015). How to write a compelling executive summary. Retrieved from https://www.inc.com/geoffrey-james/how-to-write-a-compelling-executive-summary.html Page 2 of 5 Part 1: What Is Lean Thinking? Introduction to Lean Thinking Replace this text with your response to the following in 150–300 words (2–4 paragraphs): Describe what lean thinking is and what its key elements are. Provide some examples of how different organizations use it, as well as an explanation of what challenges organizations may encounter when implementing lean thinking. Lean Thinking Applied to Product Systems Replace this text with your response to the following in 75 words (1 paragraph): Explain how lean thinking is applied to product systems. Lean Thinking Applied to Service Systems Replace this text with your response to the following in 75 words (1 paragraph): Explain how lean thinking is applied to service systems. Lean Layouts Replace this text with your response to the following in 75–150 words (1–2 paragraphs): Describe what a lean layout is, including a relevant example of its use in an organization, and explain how a lean layout can help an organization achieve its business outcomes. Page 3 of 5 Part 2: How to Incorporate Lean Systems Creating and Sustaining Lean Cultures Replace this text with your response to the following in 75–150 words (1–2 paragraphs): Explain how organizations can create and sustain a lean culture. What, if any, differences exist in creating and sustaining lean cultures in product versus service organizations? What about in domestic versus global environments? Creating Sustainable Supply Chains Replace this text with your response to the following in 75–150 words (1–2 paragraphs): In what ways can lean methods create sustainable supply chains? Explain your answer. Promoting Positive Social Change Replace this text with your response to the following in 75–150 words (1–2 paragraphs): Explain how sustainable supply chains can promote positive social change. Measuring and Improving Performance Replace this text with your response to the following in 150–225 words (2–3 paragraphs): What is performance measurement and continuous improvement? How should organizations incorporate both of these concepts into their lean systems strategy? Explain your answers. Page 4 of 5 References Include appropriately formatted references to at least five scholarly sources to support the statements made in your report. Please refer to the Writing Checklist for more information. Page 5 of 5
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The Concept of Lean Thinking

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Executive Summary
Lean thinking is a production terminology put forward by two individuals (James P. Womack
and Daniel T. Jones) working in a Toyota production industry. During their operations, they
realized the need to stimulate production while cutting on several wastes along the production
process. Lean thinking also offers opportunities to innovate new products or services that ensure
profit maximization while cutting down on unnecessary production costs avoided along the
production value chain. Lean production's main element is reducing wastages, which could be
saved and utilized in the next batch of production. Waste reduction, in turn, reduces the costs of
production, which equally minimizes the cost to customers, suppliers, and the cost of correcting
the environmental damages caused by the waste produced. It ensured efficiency in the service
delivery sector by maintaining customer satisfaction and reducing redundant workers by
redesigning and rearranging the workplace layout. Lean systems development involves
identifying customer needs and values, developing the value stream, organizing the process flow,
and finally working towards achieving product or service perfection, allowing for duplication of
the whole process. The system ensures supply chain sustainability where the product is delivered
just in time to build on customer confidence. The confidence initiates a positive social change,
ensuring the customer and the business improves society. Performance measurement and
continuous improvement ensure the business monitors its performance regularly based on
parameters and indicators. The organization can adjust its operations and improve its product and
service delivery through the feedback from the performance measurement. A lean system is an
inevitable approach that any organization looking forward to improving its operations must
consider.

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The Concept of Lean Thinking
Lean thinking is considered a business methodology to propose new and modern
approaches to organizing the production process activities, which are primarily performed by
humans or considered human-centered. The main goal of lean thinking is to reduce any wastes
along the value chain while at the same time realizing more benefits to the society as a whole and
added value to individuals depending on them. Lean thinking has its route word, "lean," which
means having a low proportion of the whole thing but still realizing the benefits of healthy
balance. In other words, lean is reducing the overflow of unwanted proportions that do not add
value to the end product (Mostafa et al., 2015). In a business context, lean thinking aims to
develop a lean enterprise that sustains its growth by aligning customers' satisfaction with firm
employees' joy. Lean thinking also offers opportunities to innovate new products or services that
ensure profit maximization while...

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