Get maximized ROI by implementing lean manufacturing in your company Lean manufacturing is not a new concept, but it is a significant philosophy for the manufacturers who want to grow and effectively compete in today’s competitive environment. Basically, it provides the tools that help in successfully identifying and eliminating waste within the manufacturing process. Whether waste occurs in physical form or otherwise, it makes a severe impact on the efficiency, output and bottom line of a business. Today, hundreds of manufacturing companies implement the principle of lean manufacturing for minimizing waste and maximizing the levels of production. But, it’s important to understand the goals of lean manufacturing. Let’s see what these goals are: Improve product quality To beat the competition, it is important that manufacturing companies focus on producing and supplying top quality products. With lean manufacturing, unnecessary waste will reduce that will help the companies in focusing on products and spending additional resources and time to make the products better.
Eliminate unnecessary waste
In manufacturing companies, waste is produced in more amounts in comparison to the companies operating in other sectors. However, the production of waste can be reduced in manufacturing companies by following the principles of lean manufacturing. Choosing recycled materials, cutting back energy usage, and adopting green and eco-friendly practices are just a few methods that can help the companies in reducing waste. Reduce production time Using lean manufacturing means manufacturing company will get benefit from faster production times naturally. It is because of the fact that there will be greater overall workplace efficiency and less wastage. Obviously, faster production time will provide different benefit to the manufacturing company as there will be more revenue and lower overhead that will make lean manufacturing worthy in the long run. Minimize total costs Reduction in total costs goes hand-in-hand with the reduction in production time because when there is faster production, it will result in total cost reduction. Minimum costs make the company more competitive in the marketplace. To achieve all these goals, you can approach Group50’s lean manufacturing consultants as they have a deep understanding of design, investigation and implementation of lean manufacturing programs. They also have knowledge of change management process which is needed to implement sustainable and scalable lean programs in a successful manner. They utilize proper tools and methodologies for finding out the areas of waste inside a manufacturing company that will produce the highest ROI by focusing on strategic and operating gaps. Being a reputed lean manufacturing consulting firm, Group50 utilizes following tools to identify wastage areas such as:
Spaghetti Diagrams
Supply Chain Modeling
Value Stream Mapping
Work Flow Analysis
Financial Modeling
Six Sigma tools and techniques such as DMAIC process and many more
Group50’s consultants work closely with their clients for reforming work cells, supply chains, business processes, distribution processes and techniques, plant layouts, along with the Digital and IT systems that support the entire process, from raw material to supply-finished products to
the customers. They also make sure that after completion of their project work, the organization can carry out all the tasks on its own. Contact Group 50 to reduce waste and maximize return on investment for your manufacturing company.