Lean Manufacturing began as the Toyota Production System (TPS) after World War II when Kiichiro Toyoda had an epiphany about making cars more efficiently. Lean manufacturing is a philosophy that helps companies increase profits through the elimination of waste. Lean can be applied to any industry, but it requires management support and commitment. If you are interested in learning how to implement lean manufacturing into your business, keep reading! This article will provide an overview of what lean manufacturing is and how it works.
Lean manufacturing is the process by which companies eliminate anything that does not add value to their product or service while simultaneously making continuous improvements. It was developed as a way for Toyota to build cars faster without compromising quality—and now this revolutionary idea has permeated every corner of business worldwide because of its success at eliminating wasteful processes and increasing profitability. Let’s take a look at some key aspects of lean.
With lean manufacturing in place, you can
- Save up to 10% on manufacturing costs
- Reduce the inventory levels by 30%
- Increase production speed without spending more money
- Optimize your entire supply chain
Managers are tired of wasting time on tasks that don’t need to be done. Management wants to focus on the important things instead. Just imagine having an assistant that can do your most tedious improvement work for you, freeing up your time so you can focus on what really matters. It’s like having an extra employee working for you around the clock! And this employee learns from every tasks/he completes, getting better over time at doing even more of the grunt work for you.
Throughput.ai is artificial intelligence software designed specifically with lean principles in mind to help companies improve their flow by automating repetitive tasks and improving efficiency across all departments. With throughput AI’s virtual employees.
The lean manufacturing concept is not new, but it has been evolving with the advent of digital tools. Lean manufacturing relies on a system that promotes continuous improvement through automation and collaboration to reduce waste in production processes. With virtual artificial intelligence assistants like IBM Watson or Amazon Alexa for example, this process can be taken one step further by removing people out of the equation entirely. This will allow businesses to focus their resources on high-value tasks rather than spend time completing repetitive jobs which are better suited for machines anyway! If you want an expert opinion about how your company might benefit from implementing lean business methods such as lean manufacturing, send us an email message today at info@ai-hub.ae