Advantages and Disadvantages of the Lean Production Process

Seminar paper from the year 2019 in the subject Business economics - Miscellaneous, grade: very good, , language: English, abstract: Cynthia Fanning stated, “To be competitive, we have to look for every opportunity to improve efficiencies and productivity while increasing quality. Lean manufacturing principles have improved every aspect of our processes (Wheeler, C., 2016).” The chapters presented next give a definition of lean manufacturing and how Jaguar implemented the lean manufacturing process in its production. Those two chapters are followed by real-world examples that succeed and fail by applying lean methods to their business. The paper concludes with a personal and professional takeaway based on the reviewed case study about Jaguar. The aim of this work is to give an overview of lean manufacturing.