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Factory

Unit 5 - Operations management

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Chart Increasing

Unit 1 - Introduction To Business Management

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Briefcase

Unit 2 - Human Resource Management

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Money Bag

Unit 3 - Finance & accounts

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Direct Hit

Unit 4 - Marketing

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Bar-Chart

Unit 6 - Assessment

&quot;Lean Production&quot; (sometimes just called &quot;lean&quot;) is like a magician&#39;s trick in the business world! It&#39;s all about making sure we&#39;re doing things efficiently by eliminating all the unnecessary &quot;fluff&quot; or waste in the production process. Imagine eating a juicy piece of steak without any fat - that&#39;s lean for you!

&nbsp;

Fun Fact! 🎉: Lean production was born in Japan and was first introduced by Toyota, a car company! Vroom, vroom!

Even though the idea of cutting down on waste has been around since the early 1900s (Taylorist manufacturing, remember?), it was only in the late 20th century that people started to take a serious look into the concept. Now? It&#39;s not just for cars! Businesses from construction to retail and even government services (like schools and hospitals) are using the principles of lean production.

For lean production to work its magic, it starts by looking at what the customers want. Maybe they&#39;re dreaming of a phone with a long battery life, or perhaps they want super-fast delivery. Once we know that, we cut out any steps in the production process that don&#39;t help achieve those desires. It&#39;s like removing the extra scenes from a movie that don&#39;t make sense!

When we talk about &quot;waste&quot; in lean production, we don&#39;t just mean garbage. It&#39;s about identifying and eliminating everything that doesn&#39;t add value. This includes

<ul>
	<li>Time - Like waiting around for things to happen.

	<ul>
		<li>Example: Waiting for paint to dry before moving to the next step!</li>
	</ul>
	</li>
	<li>Transportation - Unnecessary movement of goods.
	<ul>
		<li>Example: Moving a half-built car around a factory without a reason.</li>
	</ul>
	</li>
	<li>Products - Items with defects or mistakes.
	<ul>
		<li>Example: A shirt with a wrong print on it.</li>
	</ul>
	</li>
	<li>Space - Using too much storage area.
	<ul>
		<li>Example: Filling up a warehouse with more shoes than we need.</li>
	</ul>
	</li>
	<li>Stock - Buying and storing too many raw materials.
	<ul>
		<li>Example: Ordering 10,000 screws when you only need 1,000!</li>
	</ul>
	</li>
	<li>Energy - Using machines below their full capacity.
	<ul>
		<li>Example: Running a machine at half-speed when it could go full throttle!</li>
	</ul>
	</li>
	<li>Talents - Not making the best use of people&#39;s skills.
	<ul>
		<li>Example: Having a skilled carpenter only hammering nails.</li>
	</ul>
	</li>
</ul>

By cutting out waste, companies can

<ul>
	<li>Use resources (like materials, people, and money) much more efficiently.</li>
	<li>Save on storage space. No need for large warehouses filled with unused items.</li>
	<li>Make sure people are doing meaningful tasks and not just running around.</li>
	<li>Save money by not having extra stock lying around. More money to invest in other cool things!</li>
</ul>

Lean production is like a secret weapon for businesses to run more efficiently by getting rid of anything unnecessary in the production process. It started in Japan, is used globally, focuses on what the customer wants, and brings huge benefits to companies that adopt it!

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So, next time you look at a sleek car or a trendy gadget, remember - lean principles might be the magic behind it! 🌟

Unit 5 - Operations management

Unlock Efficiency: Master Lean Production Today!

Table of content

🎈 What's lean production?

🌏 From japan to the world!

🎯 Starting point - what do the customers want?

Unlock the Full Content!

Unit 5 - Operations management

Unlock Efficiency: Master Lean Production Today!

Table of content

🎈 What's lean production?

🌏 From japan to the world!

🎯 Starting point - what do the customers want?

Unlock the Full Content!