Lean production
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Lean production has taken over manufacturing and is changing business customers' attitudes toward their suppliers. Discuss the major elements of lean production.
Kotler, P. (2003). Marketing Management, 11/E. Prentice Hall. Chapters 8,9, and 10, Pages 215-306. LEVEL - MBA
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This discusses the elements of Lean production
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Lean is doing more with less, less inventory, space etc. It helps in producing customized product at lower cost. Toyota is also famous in industry for its manufacturing philosophy, called the Toyota Production System. In order to produce world-class, quality automobiles at competitive price levels, Toyota has developed an integrated approach to production, which manages equipment, materials, and people in the most efficient ...
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