Recent events have caused supply chain disruptions, shipping bottlenecks and component shortages, adding pressure to manufacturers keeping up with high demand. More recently, the increase in the price of raw materials such as steel has led many to rethink their stock management. With uncertainty of manufacturing supply chains increasing, is lean manufacturing going out of fashion?
Here, Sven Bretschneider, Head of Supply Chain at global supplier of automation components, EU Automation, offers his insight in to the limitations of lean manufacturing. Lean manufacturing, also known as Just-In-Time (JIT) manufacturing, was originally developed by Toyota in 1970 as a way to reduce inventory costs and potential waste. Lean manufacturing has been a…
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