"I believe
that implementing
LEAN fundamentals into the program existing will drastically improve
and increase production while reducing stress levels."
Julie Mortensen
Wabash Mfg. Inc.
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Will reduction of cycle time improve
business performance? Increase profitability? Yes! Operations improvements
that shorten cycle time also reduce production cost. Other benefits
of a shorter cycle time are:
- shorter lead-times
- greater flexibility
- lower inventory
- better customer serviceandigher
revenues
By signing up and taking the OEM
Lean101 Online course, the benefits for your manufacturing business
inlcude:
- Streamlining the flow of production
material throughout the value stream is a very practical strategy.
- You can streamline by (1) reducing
cycle time and (2) minimizing the variability of cycle time wherever
possible.
- Variability is anything that disrupts
the smooth flow of material.
- Variability is minimized by reliable
equipment, standardized procedures, excellent quality, controlled
environment, short setups, small production lots, on-time suppliers,
sound management decisions, and other factors.
- Reduced variability has
immediate and measurable benefits reflected in cycle time, lead-time,
WIP levels, response time, production cost, production flexibility,
quality, customer service, throughput, revenue, and...profit!
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