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Lean and Agile Manufacturing: Complementary

   

Added on  2022-09-06

10 Pages2122 Words20 Views
Business Development
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Running head: LEAN AND AGILE MANUFACTURING
Lean and Agile manufacturing
Name of the Student
Name of the University
Author Notes:
Lean and Agile Manufacturing: Complementary_1

LEAN AND AGILE MANUFACTURING1
Executive Summary
Companies are competing extensively to identify opportunities with the help of which they can
capture the pulse of the market. Thus, organisations are taking strategies in order to gain an
upper hand on the competition. Lean manufacturing is an effective strategy that is based on an
assumption that value can be added by elimination of unnecessary wastes from the processes and
agile manufacturing is an approach the realises the realities that is associated with the
development of the processes that ensures the smooth flow of operations. Lean practices are
incorporated into the operations of Toyota to ensure that less wastage is incurred while a
manufacturing organisation is in operations. Toyota has been able to incorporate both Lean
practices and agile manufacturing into it the Toyota Production System. The paper discusses the
impacts and benefits of lean principles and agile strategies within Toyota. Furthermore, the paper
evaluates the effectiveness of lean practices and agile paradigms within Toyota along with the
agile readiness in Toyota manufacturing and the future direction for manufacturing companies
and Toyota on lean and agile paradigms
Lean and Agile Manufacturing: Complementary_2

LEAN AND AGILE MANUFACTURING2
Table of Contents
Introduction......................................................................................................................................3
Literature Review............................................................................................................................3
Impacts and benefits of lean principles and agile strategies within Toyota................................3
Evaluating the effectiveness of lean practices and agile paradigms within Toyota....................5
Agile readiness in Toyota manufacturing....................................................................................6
Future direction for manufacturing companies on lean and agile paradigms..............................7
Conclusion.......................................................................................................................................7
REFERENCES................................................................................................................................8
Lean and Agile Manufacturing: Complementary_3

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