Lean Production and the TIMWOOD principle
Lean production describes what is known as “lean production“. This is a concept that involves increasing the efficiency of all company activities within a value chain. This includes, for example, the economical and time-efficient use of production factors such as operating resources, personnel, materials, planning and organization.
The core principle of lean production is the avoidance of all waste. To achieve this, the individual production processes are extracted, analyzed and any improvements are fed back into the production system. An approach that is strongly reminiscent of Data Mart. And even during the analysis, the lean experts make sure that the aforementioned operating resources, personnel or materials, for example, can be taken into account in a sustainable, flexible and targeted manner.
Lean production basically relies on running systems in order to combine the best solution approaches of different production systems. The aim is to simultaneously achieve the economies of scale of mass production and the good responsiveness of medium-sized companies.
Lean production and the TIMWOOD principle
To approach lean production, experts usually use the TIMWOOD principle to ensure that all processes have actually been analyzed at least once:
T = Transport = Transportation
I = Inventory = Stocks
M = Motion = Movement
W = Waiting = Waiting
O = Over-Production = Overproduction
O = Over-Engineering = Wrong technology/processes
D = Defects = Rejects/rework
In contrast, lean management uses various methods and procedures to optimally “plan” the processes in the value chain for industrial goods.
You can find more information under Production logistics.
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