Economics Notes > University Of Birmingham Economics Notes > Financial and Business Systems Notes

Business Introduction To Jit And Lean Thinking Notes

This is a sample of our (approximately) 3 page long Business Introduction To Jit And Lean Thinking notes, which we sell as part of the Financial and Business Systems Notes collection, a First package written at University Of Birmingham in 2012 that contains (approximately) 34 pages of notes across 15 different documents.

Learn more about our Financial and Business Systems Notes

The original file is a '' whilst this sample is a 'PDF' representation of said file. This means that the formatting here may have errors. The original document you'll receive on purchase should have more polished formatting.

Business Introduction To Jit And Lean Thinking Revision

The following is a plain text extract of the PDF sample above, taken from our Financial and Business Systems Notes. This text version has had its formatting removed so pay attention to its contents alone rather than its presentation. The version you download will have its original formatting intact and so will be much prettier to look at.

LECTURE 4 - INTRODUCTION TO JIT & LEAN THINKING Scientific management Principle is that decisions about organisations should be based around 'scientific' tudy of the situation to determine the most efficient way of doing a job. So procedures are STANDARDISED and combined with WAGE INCENTIVES for increased output. View: work is entirely money motivated? So increasing productivity in exchange for more money should please workers and owners. BUT overlooks how employees develop identity so may not want to be treated as a living machine (performing repetitive, standardised tasks sacrificing knowledge, skill and pride in work). Different contexts for each situation need to be considered. Lean manufacturing Aims to CUT WASTE and IMPROVE QUALITY with highly trained employees, a serious approach to detail, incorporating technology solutions with people at the heart of the process. Pioneered by Toyota, using JIT, continuous flow production, quick changeover of assembly lines etc. management system also encourages employee involvement and problem solving. Combines advantages of some other methods whilst avoiding the disadvantages (high costs of crafts, rigidity of mass production)of others. LEAN PRINCIPLES

1. Specifies what does/n't create value for customers, firms, functions and departments.

2. Identifies steps needed for design, order and produce the product across the whole values stream to highlight non-value adding waste.

3. Remove interruption, backflows, waiting and scrap from actions that create value.

4. Only make what is demanded by the consumer

5. Strive for perfection - continually removing layers of waste as they are uncovered. 7 WASTES

7 WAS TES The University of Birmingham

WASTE

DESCRIPTI ON

1

OVERPRODU­
CTI ON

Producing too much or too soon, resulting in poor flow of
information or goods and excess inventory

2

DEFECTS

Frequent errors in paperwork, product quality problems, or
poor delivery performance

3

UNNECESSARY
I NVENTORY

Excessive storage and delay of information or products,
resulting in excessive cost and poor customer service

4

I NAPPROPRIATE
PROCESSING

Going about work processes using the wrong set of tools,
procedures or systems, often when a simpler approach may
be more effective

5

Excessive movement of people, information of goods,
EXCESSIVE
TRANSPORTATI O resulting in wasted time, effort and cost N

6

WAITI NG

Long periods of inactivity for people, information or goods,
resulting in poor flow and long lead times

7

UNNECESSARY
MOTION

Poor workplace organisation, resulting in poor ergonomics,
excessive bending or stretching and frequently lost items

S higeo S hingo, T oyota Production S ystem

The Birmingham Busin ess School

Other methods of production CRAFT PRODUCTION Highly skilled workers, simple (but flexible) tools, items for exact customer satisfactions, one item at a time. EXPENSIVE, used today for high end furniture, art, luxury sports cars. MASS PRODUCTION

****************************End Of Sample*****************************

Buy the full version of these notes or essay plans and more in our Financial and Business Systems Notes.