Browsing: Lean & Digital

Lean concepts, which were initially created by Toyota, have moved beyond the manufacturing industry to serve as a useful framework for executives in a variety of fields.

Lean Six Sigma is a data-controlled perspective to enhance efficiency, profits & customer satisfaction. It is a strong tool. Lean Six Sigma is the union of two popular process Improvement methods, Lean and Six Sigma, which can be combined to shape a strong tool to enhance enterprise processes.

Overall Equipment Effectiveness definition is that it is a metric that determines the planned production time percentage that is productive in real. A 100% OEE rating represents the best manufacturing i.e. manufacturing only good parts, with no downtime, as swift as possible. In terms of OEE; 100% Quality (most effective Good Parts), 100% Performance (as speedy as possible), and 100% Availability (no Stop Time) OEE. Overall Equipment Effectiveness measures the losses in a manufacturing process.

Value stream mapping offers a visual representation of the flow of materials & information throughout the organization. The real VSM template was generated by Toyota Motor Company and implemented via material and process flowcharts. So, This VSM demonstrated the important process steps that existed from order entry to final product delivery and helped obtain a broad view of the company’s activities.