*Lean Manufacturing - A competitive strategy

Lean manufacturing is a comprehensive term referring to methodologies based on maximising value and minimising waste in the manufacturing process. Lean manufacturing has evolved over time based on common sense and documented by Toyota. The principles have been around in fragmented form but in the last few years has been consolidated into a set of thought processes and called lean.

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Lean manufacturing is a comprehensive term referring to methodologies based on maximising value and minimising waste in the manufacturing process.

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Reference: 
ERP-12