Companies adopt lean practices to eliminate waste in production, inventory and other processes and improve operating costs. By using lean principles, a company is boiling down business processes so that they contain only those steps that add value for the customer, while also allowing its workers to feel like they have a stake in the product they're working on.
In this podcast, Ron Wince, an expert in performance improvement techniques for manufacturing, service and government organizations, discusses ways that companies can incorporate lean principles into their supply chain management (SCM) practices.
Wince is co-founder, president and CEO of Guidon Performance Solutions, a leader in applying Lean Thinking and Six Sigma within manufacturing and service organizations. He has pioneered the application of LeanSigma in many organizations.
| Where can IT help when incorporating lean principles into SCM?
1:05 -- Where can companies look to make their supply chains leaner? Who should be involved in the process?
2:13 – How does IT factor into a lean initiative?
3:28 -- How much are lean practices currently used with SCM?
4:41 -- Will companies expand their use of lean practices in the SCM arena?
5:54 -- What mistakes do companies make in leveraging SCM and lean principles?
6:55 -- How can they avoid these mistakes? If mistakes are made, how can they fix them?
8:17 -- What business factors are driving lean initiatives?
Learn more about implementing lean principles.