November 11, 2013

Benefits of Lean Manufacturing

The benefits of implementing Lean Manufacturing can affect a company in industrial, commercial and financial terms.


What would be the result of your company doubling or tripling productivity?


Delivery times would be cut significantly, while reducing inventory at the same time. You would cut rejects by half. You can achieve near 100% reliable delivery times. You could achieve a 60% increase in machine availability with no additional investment. 


What would this mean to your customers, employees and shareholders?


The result of Lean Manufacturing is becoming a Lean Company; an organization that combines flexible production and the ability to respond to rapid fluctuations in demand. Lean Manufacturing allows Lean Companies to respond competitively to individual customer needs, not matter how complex they may be.  





With IPS and the Ecoflex coated pipe and joint system, the benefits of Lean Manufacturing are discovered.


Industrial Benefits of Lean:

  • Less investment for same level of production. 
  • Increased production at constant investment
  • Reduces waste; Less transport, moving, waiting, space and physical waste
  • Improved quality; Reductions in defects and rework

Commercial Benefits of Lean:

  • Improved customer service; Production in phase with customer demand
  • Improved productivity; Reduction of delivery times
  • Greater customer satisfaction 

Financial Benefits of Lean:

  • Reduction of circulating assets (stock and in-process materials)
  • Reduction of capital used, increased cash-in-hand
  • Improved return on investment (ROI)
  • These additional resources can be assigned to more strategic objectives (research, marketing, sales, etc.) than the financing of additional stock, in-process materials and oversized plants.
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Integrated Products & Services Inc. was established in 2006 as a lean manufacturing and material handling consultation firm and have grown into a leader in the distribution of modular pipe racking and shelving systems in Canada. 

For more information, to request a quote or to set up an in-house assessment, please contact us.

 

1 comment:

  1. Thank you for sharing the information.

    The process of lean manufacturing software, is being implemented in almost each and every type of manufacturing industries. It is a management that is assisting in the elimination of the waste in all business process. With the help of this process, the quality and defects of the production are improved, usage of inventory is reduced, it is enhancing overall manufacturing flexibility by ensuring a safer work environment.

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