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Lean Management in Business: Concepts, Benefits, and Implementation

   

Added on  2023-06-16

10 Pages2569 Words338 Views
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Operations and lead
management
Lean Management in Business: Concepts, Benefits, and Implementation_1

Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................4
Brief description of lean management in a business...................................................................4
Three concepts of lean management...........................................................................................4
The benefits of lean management concepts................................................................................5
Organisation which uses lean management concepts.................................................................5
TASK 2............................................................................................................................................5
Organisation and description of role of operations manager( product and service and target
customers)...................................................................................................................................5
TASK 3............................................................................................................................................6
How the organisation will use lean management........................................................................6
TASK 4............................................................................................................................................6
Calculate how long it will take before the BMX bike is available for sale in Alex’s shop. That
is, what is the Lead-Time between Alex placing the order with her manufacturer and being
able to display the item for sale in her shop................................................................................6
What will be the week number when the Bike can be displayed................................................7
Estimate how the Lead Time be increased if the bike parts came from Italy, or from China....7
CONCLUSION ...............................................................................................................................9
REFERENCES..............................................................................................................................10
Lean Management in Business: Concepts, Benefits, and Implementation_2

INTRODUCTION
The lean management is an effective art performed by a business entity, that helps a
business to maintain effective customer relationship (Abdallah, 2018). In the functioning it is
important to focus on lean management of the employees to remain competitive in the
marketplace. It is also a major function of a company to deliver best business practices which
develops value in customers. In this project various dimensions of Lean management are
explained in a precise manner. This report also includes significance and importance of lean
management in order to perform major operations of business. It is also a key role of business to
deliver ethical business values in order to lead the marketplace.
Lean Management in Business: Concepts, Benefits, and Implementation_3

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