A production process where a group of machines and tools work together to perform a specific set of tasks, reducing waste and improving efficiency.
Time-Based Management (TBM)
A methodology used in Lean Production to manage and control production processes, focusing on standardized processing times, Takt Time, and Cycle Time to deliver products within a set timeframe.
Lean Production
A production method that aims to minimize waste and maximize efficiency by eliminating unnecessary steps and improving processes.
Benefits of Lean Production
Reduced waste, increased efficiency, improved quality, and enhanced customer satisfaction.
Challenges of Lean Production
Cultural change, resource constraints, and resistance to change.
Importance of Lean Production
Increased competitiveness, improved financial performance, and increased customer satisfaction.