Eagle Insights: Lean Manufacturing
Changes in manufacturing are increasingly placing pressure on businesses to improve the efficiency of their operations on daily basis. In order to meet these demands and find success, businesses have adopted a wide array of efficiency methods, including lean manufacturing, just-in-time manufacturing and Kanban. While these practices have been given different names by various companies, each originated out of the Toyota Production System (TPS) and work in conjunction with one another. By definition, lean manufacturing focuses on minimizing waste in the manufacturing process without sacrificing productivity by keying on what adds value and reducing everything else. Meanwhile, just-in-time manufacturing spotlights a methodology for reducing flow times within production as well as response times from suppliers to customers. Both of these practices are then organized by the Kanban system, which provides a scheduling framework to maximize manufacturing efficiency through organization and transparency. When properly executed, this approach serves as a real-time information vessel by quickly identifying any problems or errors that might halt efficiency efforts.
At iRex, our team utilizes a lean manufacturing system inspired by both just-in-time manufacturing and Kanban. By implementing these “lean” practices throughout the everyday work schedule, iRex is able to reduce labor expenditures, lower inventory costs on both ends, produce quicker turn-around times and execute higher quality performance in production. By functioning within this system, iRex is also able to maintain sufficient inventory levels in order to produce and deliver cables as they are consumed by our customers while providing extraordinary visibility to both suppliers and buyers alike.
Check out the video below to see this process in action!
For more information on how iRex can help with your next project, please contact our team today.