Lean Management 50-50-20

Download or read book Lean Management 50-50-20 written by Jd Marhevko and published by Accuride Corporation. This book was released on 2016-12-10 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: We have experienced that with an averaged 50% reduction in lead time that our teams were able to increase productivity by an average of 50% as well as reduce cost per unit by an average of 20%, hence the 50-50-20 in the title. There are hundreds of books written on Lean tools and techniques. From a Lean perspective, adding one more to the list is Muda. This book, therefore, does not try to explain how to use Lean tools but instead demonstrates their successful application across products, processes and partners as experienced by Accuride Corporation. This book is technically advanced and details the journey of a manufacturing organization. It is for Lean Professionals and Senior Leaders who have had exposure to Lean systems and its tools, techniques and terminology. We are encouraged by the recognition of four of our facilities in three years by the Association for Manufacturing Excellence (AME). This recognition validated the breadth and depth of our Lean efforts and motivated us to share the results of our Lean journey with you. We hope that you will receive as much value as we have on this journey. Accuride would welcome your questions/comments/feedback at [email protected]. Jd Marhevko, Arvind Srivastava and Mary Blair"