04,Mon May 2020
Tuscaloosa, Alabama ,
In lean production, the value of a product is defined solely by the customer. The product must meet the customer’s needs at both a specific time and price. The thousands of mundane and sophisticated things that manufacturers do to deliver a product are generally of little interest to customers. To view value from the eyes of the customer requires most companies to undergo a comprehensive analysis of all their business processes. Identifying the value in lean production means to understand all the activities required to produce a specific product, and then to optimize the whole process from the view of the customer. This section discusses the lean basics and value of Lean Manufacturing.