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Essay / Research Paper Abstract
This is a 3 page paper that provides an overview of lean production. Emphasis is placed upon the relationship between lean production and flexible manufacturing. Bibliography lists 4 sources.
Page Count:
3 pages (~225 words per page)
File: KW60_KFleanpr.doc
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Unformatted sample text from the term paper:
listed below. Citation styles constantly change, and these examples may not contain the most recent updates. An Overview of Lean Production , 11/2010 --for
more information on using this paper properly! Globalization is imperative for businesses to continue their growth. Global supply chains are often used by businesses in an attempt to cut
manufacturing costs since it is cheaper to manufacture items overseas then it is domestically. It is often the case that a companys various levels of production such as design, manufacturing,
distribution, and sales are spread out across the world in various countries. Given this and the desire to cut costs and streamline operations many businesses are attempting to utilize the
practice of lean production. But can this practice really work in unison with globalization. This paragraph helps the student provide a summary analysis of what lean production is and why
its important to business. Lean production was a business theory devised by the Toyota cooperation as a way to create a more efficient operation (Lumpur, 2010). The basic idea behind
the theory was to cut out the unnecessary expenditures and costs in an effort to increase value without increasing effort. At the corner stone of the lean production theory are
Just in Time Delivery and Low Inventories (Lumpur, 2010). The idea is to keep inventories low by making components or items as needed. Parts on the line are manufactured just
as they are needed and not beforehand which helps to keep low inventories. Another part of lean production requires a business to allow for flexible manufacturing. Flexible manufacturing means that
a business will be able to switch gears at a moments notice. This ability to change what is being manufactured and how much of an item is being manufactured must
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