Lean Manufacturing Lean Supply Chains, management homework help

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wtyr75

Business Finance

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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 and references


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Attached.

Running head: LEAN MANUFACTURING: NIKE COMPANY

Lean manufacturing: Nike Company
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LEAN MANUFACTURING: NIKE COMPANY

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Lean manufacturing: Nike Company
Lean manufacturing is a manufacturing style whose main objective encompasses
reducing the wasteful procedures that impede business efficiency. The progress in lean
manufacturing is measured by the reduction in WIP and inventory in relation to the sales.
Originated by Toyota, it involves acute reduction of wastes produced during the manufacturing
process in an organization (Reagan, 2009). The technique is motivated by the fact that wastes
produced during the manufacturing process have little or no economic impact but have a
negative impact on the production process efficiency. Lean manufacturing is an effective
technique for business to focus on improving competitiveness as well as customer satisfaction.
Its implementation through attempting to create value eliminates and prevents the production of
more waste in the process. The waste is classified as; motion, inventory, over-processing,
defects, overproduction, waiting, and transport. The wastes usually have a direct impact on
production costs, they are operations that add no value, and not attract customer to pay for a
product that a business provides. Lean manufacturing, therefore, ensures few defects as well as
quality performance, low levels of inventory, higher efficiency, improved service delivery,
increased custom...


Anonymous
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