Supply chain disruptions and component shortages over the last few years have led many to suggest that lean principles may be going out of fashion. However, Tim McLean, Managing Director of TXM Solutions and author of Grow Your Factory, Grow Your Profits, speaks to The Manufacturer about how lean principles (often thought of as the domain of larger organisations), can help SMEs as they grow.
Lean principles were developed in the 1930s by Toyota and, as such, have typically been presented to SMEs from the perspective of a large OEM. The entire ethos behind process improvement, lean and Six Sigma principles (certainly for larger organisations), has always centred around cost reduction. However, while important regardless of the size of your…
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