Manoj Parjane
Savitribai Phule Pune University, India
Title: A literature review of lean manufacturing and its ameliorative effect
Biography
Biography: Manoj Parjane
Abstract
The objective of this article is to understand the concept of Lean Manufacturing, lean implementation benefits and barrier towards lean implementation. Lean Manufacturing by now is a widely discussed and applied manufacturing philosophy in a variety of industries across the globe. The fundamental concept of Lean Manufacturing is to provide a quality product while also ensuring that the product does not cost too much to the customer. Most organizations today are going through a stage where there is a necessity to respond the rapidly changing customer needs. To sustain their place in the market, many organizations have started following the Lean Manufacturing concept. Many factors contribute to lean success not only it is mandatory to implement most of the lean tools but an organization’s culture needs transforming too. Companies following Lean Manufacturing have better flexibility and a good market share. Moreover, Lean Manufacturing produces an operational and cultural environment that is highly conducive to waste minimization.