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Producers in less-developed countries compete by keeping costs low. It involves replacing traditional mass manufacturing with “lean manufacturing” principles. In addition to improved product quality and delivery times, the lean approach has been linked to improved terms of employment.
By sheer happenstance, I had just gotten a copy of Gemba Walks , a collection of essays by James Womack , a co-author of the automotive classic The Machine That Changed The World and a pioneering importer of Toyota-inspired leanproduction insights and methodologies to America. What does it mean for your company and industry?
When is it possible to predict a product’s success? How you answer this question may be the most important factor in how you design your productdevelopment process — and, ultimately, in whether your business succeeds or fails. Is market performance predictable for a specific product or class of products?
They created and maintained a close connection to frontline staff — what Jim Womack , the expert in leanproduction and thinking, calls “going to gemba ” — Japanese for “the actual place.”. Their attention was on their finances — understandable and even appropriate these days.
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