Lean Techniques

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Mathematics

Description

Purpose of Assignment

The purpose of this assignment is for students to evaluate the lean techniques applied to business in today's workforce.

Note: Students and Faculty seeking more information on this assignment can refer to Ch. 14 of the Operations and Supply Chain Management textbook.

Assignment Steps

Select a business you are familiar with which incorporates lean manufacturing or lean supply chains.

Evaluate how this firm uses lean strategies and how much lean techniques has improved the firm's efficiency.

Evaluate ways the firm can go even further to make improvements using lean techniques.

Use the results you obtained from evaluating this firm to apply to your own business or a business you are interested in which currently does not use lean.

Develop a 1,050-word report in which you describe your lean evaluation project.

Format your assignment consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.

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Explanation & Answer

Attached.

Running head: NIKE AND LEAN MANUFACTURING

Nike and Lean Manufacturing
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NIKE AND LEAN MANUFACTURING

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Nike and Lean Manufacturing
Nike is one of leading international corporations that utilizes lean manufacturing in their
processes. Though Nike is a company that is almost familiar to a huge percentage of the
members of the public, I will begin by giving a short description of the company. Nike, Inc. as
officially known is a multinational organization that deals with manufacturing, designing,
development as well global marketing and selling of footwear, accessories, clothes, and services.
The headquarters of the company are based near Beaverton, Oregon, in the Portland metropolitan
region. Nike is the leading supplier of athletic footwear and apparel and also a major producer of
sports equipment and attire. In the company’s fiscal year that ended in May 2015 the company
had a surplus in revenue of more than 24.1 U.S dollars and had employed more than 50,000
people. In the previous year 2014, the brand was valued to be worth 19 billion U.S dollars
rendering it the most valuable company among the sports business corporations.
In the mid-1990’s Nike began experiencing problems with their manufacturing supplies.
After the company had conducted further investigation into the matter, it discovered the problem
was severe and complicated thus required immediate attention. By then the company did not own
any factories and hence depended on contracting suppliers who were spread throughout the
southern, eastern Asia. The suppliers, on the other hand, relied on the labor primarily from
people who were migrating from their rural communities and hence did not have any experience
in manufacturing. The rival companies like Puma, Adidas, an...


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