Management: Tools, Techniques, Lean Principles, Sustainability, and Involvement

Running head: MANAGEMENT
Management
Name of the student
Name of the university
Author note

1MANAGEMENT
Tools and techniques
Macy’s will use value stream mapping as the process of designing the new software
which will facilitate in identifying the different phases and factors to be considered in
developing the new software (Tyagi et al., 2015). This method will visualise all the necessary
steps starting from product creation to delivering the final product to the end consumers.
This will consist of evaluating the current issues in software by taking the perspective of
different departments. A small team would be developed to develop the workflow
management and map the overall process flow of developing the new software. Concurrent
engineering will be used to support the development of the product which will facilitate in
adding necessary features simultaneously based on the value stream generated (Stjepandić,
Wognum & Verhagen, 2015). Agile methodology will be used to support concurrent
engineering so that the new software development process has high flexibility and new
changes can be incorporated with the system based on the value stream (Rajput, 2016).
However, it is essential to incorporate value analysis to make sure that the work has been
accomplished using optimal cost and there is no wastage.
Incorporation of lean management
The product development requires lean management principles to make the process
effective. The first tool is setting up a pull system where the organization will limit the
number of tasks to be worked on simultaneously which will facilitate in reducing the amount
of work in progress. However, even though, agile methodology will be implemented in
development of software, it is essential to limit the number of tasks to prevent wastage. The
setup time will also be reduced which will facilitate in increasing the productivity and
reducing wastage of time. There are generally seven wastages which has to be considered for
a software development cycle and they are transport, inventory, waiting, motion, over