If you’ve heard some buzz about Lean tools and principles, you’re not alone. Lean tools got their start in America as early as the 1900s, when Henry Ford used Lean methodology to create the Model T ...
Lean manufacturing is not exactly new. It wasn't even new 25 years ago when Plastics News began publishing. Henry Ford was relying on lean nearly 100 years ago, when he needed an efficient factory to ...
It’s not another "flavor of the month" or one more program that senior management tries in the quest for greater efficiency. Instead, lean enterprise offers significant company and customer benefits ...
What Is Value Stream Mapping (VSM)? What is a value stream? A value stream represents the series of actions an organization takes to design, create, and deliver a product or service to its customers, ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...