Want to know something shocking about manufacturing waste? Up to 95% of work in typical companies adds zero value to the final product. That’s right – most activities happening on your production floor might be pure waste. The good news? Toyota cracked this problem decades ago. Their Production System, developed after World War II, gave...
Manufacturing companies lose up to 30% of their operational costs because of inefficient processes and redundant activities. Lean manufacturing is a proven way to remove these wasteful practices and optimize production. Many organizations have reshaped their operations with lean principles and achieved major cost savings while streamlining their processes. Value Stream Mapping (VSM) is one...