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Lean
Manufacturing
Lean
is about doing more with less:
Less Money
Less
Time
Less
Inventory
Less
People
Less
Space
Lean
is about speed
and getting it right
the first time
Lean
companies
- Focus
on their core competencies and outsource the rest
- Purchase
completed assemblies, tested and ready to go on the lines
- Replace
wasteful activities with value-added flow
- Provide
suppliers with drawings and other information quickly
Benefits
of Lean
- Lower
cost and higher profits
- Lowers
capital investment, and frees resources
- Promotes
innovation
- Capitalize
on suppliers' knowledge and technology
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