lean manufacturing

(redirected from Lean operations)
Also found in: Financial.

lean manufacturing

[¦lēn ‚man·ə′fak·chər·iŋ]
(industrial engineering)
A production system consisting of manufacturing cells linked together with a functionally integrated system for inventory and production control that uses less of the key resources needed to make goods.
References in periodicals archive ?
In light of these recent trends, it is useful to step back and precisely define what is meant by the terms lean and lean operations both to discuss what it was initially intended to achieve and to assess how well it is currently achieving these objectives.
With Lean operations in place, constantly reducing efficiencies is part of your everyday workflow.
Borrowing a page from the manufacturing industry's principles of lean operations, the "bill of materials" approach, the insurer began applying common standards to calculate actuarial ratings for a variety of life insurance products.
Avorcor helps companies achieve lean operations and respond to new revenue generating opportunities by providing a flexible software framework that adheres to existing infrastructures and enables rapid definition and implementation of business processes without slowing or stopping the business.
The company's business system for lean operations aims to help healthcare and other organisations reduce costs, enhance quality outcomes, boost throughput and book higher revenues.
But as a festering economy has led consumers to rein in their discretionary dollars, he and other small-business owners have had to tighten their already lean operations.
Public pronouncements (generally given during industry speeches) notwithstanding, lean operations are the exception, not the rule in this industry.
We look to Don to fulfill a critical role at Tennant Company to capitalize on our key initiatives around lean operations and global supply chain management.
AUSTIN, Texas -- Factory Logic, the leading provider of lean solutions that meet the needs of the customer demand-driven factory, and the Automation and Drives Group of Siemens AG of Germany announced today the signing of an OEM agreement whereby Siemens will integrate the Factory Logic[TM] Lean Operations Suite (Factory Logic) into SIPLACE manufacturing optimization solutions for the global electronic assembly market.
The new facility is designed for flexible and LEAN operations, having the capability to support more than four times the current production and test volumes.
Factory Logic's Lean Operations Suite provides production scheduling and pull-based material flow applications designed to help manufacturers realize the tremendous potential of demand-driven lean manufacturing.