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Lean Operations: Removing Waste from the Complete Value Chain
Aberdeen Group, June 2010
In the run up to the global economic downturn of 2008 and 2009, manufacturers had to a large extent given up on Lean. Initiatives were still prevalent but core principles had not been adhered to. A 'build it and we can sell it' attitude had been adopted; with a narrow focus on pure output maximization. Since the collapse, manufacturers have responded with aggressive cuts to inventory and head count and we are now through the worst.
This new research will examine what's changed and how we can intelligently ramp up production and inventory, with an eye towards recapturing core Lean principles while also adopting new technology.
Best-in-Class Performance
Aberdeen used four Key Peformance Indicators (KPIs) to identify Best-in-Class performance, with the Best-in-Class averaging:
- 89% Overall Equipment Effectiveness (OEE)
- 98% on-time and complete shipments
- 86% successful new product introductions
- + 5% operating margin versus corporate plan
Reasons to buy:
- Improve NPIs
- Automate Data Collection
- Boost Overall Equipment Effectiveness
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