Lean manufacturing is aimed at creating a greater profit for the company. This is worked at two angles: reducing overhead costs, and raising the actual revenue or profit of the company. When the philosophy of lean thinking has gone full circle, everyone, the company, the employee and the customer, come out ahead.
Lean manufacturing is a real a set of tools that helps to identify and eliminate waste, the end result being that quality is improved, while time and cost are reduced. The core philosophy of lean thinking is preserving value with less work, and it is to this end that lean thinking is applied. There are seven types of waste that lean aims to identify and eliminate in a production process. When these seven types of waste are monitored, it becomes easy to spot waste as it begins to find a solution. Lean aims at catching a problem right at its onset.
One of the outstanding ways that lean manufacturing leads to greater productivity is the way that it encourages even the lowest level employees to take ownership of their work. It teaches employees how to evaluate work time with production, and production with quality. The goal is to improve methods and cycles to achieve the highest results with the least expenditure of time, money and efforts. Employees that take ownership of their work have more motivation to think in this way and to push themselves for better results. Part of lean thinking is that those closest to production have the best understanding of how a production system should function.
Lean manufacturing can quickly put you ahead of the game by increasing production quality, while at the same time, reducing manufacturing costs. Lean principles have been applied to many different kinds of work, such as customer service, airports and other high volume functioning operations, with dramatic results.