7th European Industrial Engineering and Operations Management Conference

Lean Thinking in Operational Excellence

Raghunandan Gurumurthy, Aricson Pereira & Ruchita Pereira
Publisher: IEOM Society International
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Abstract

This article seeks to establish how lean thinking has become a game-changer in enhancing operational excellence across various industries. Lean thinking, which originated in the Toyota production system, has evolved into a more general set of concepts for businesses. Among the lean manufacturing principles, value, value stream, flow, pull, and continuous improvement remain central to eliminating waste, increasing efficiency, and improving the value delivered to customers. This research focuses on both lean methodologies and lean tools such as Value Stream Mapping, 5S, Kaizen, Just-In-Time, Poka-Yoke, and Kanban. Practical examples and real-life cases demonstrate how lean thinking has provided substantial benefits in terms of waste elimination, product quality improvement, productivity rates, customer satisfaction, cost reduction, and employee motivation. However, the application of lean thinking is not without challenges, which may include resistance due to a lack of understanding, cultural barriers, and difficulties in measurement, among others. This analysis addresses these challenges and offers techniques for overcoming them and achieving successful lean transformation. The aim of this analysis is to distill insights from both the conceptual and managerial contexts of lean thinking that may be useful to organizations seeking operational excellence, cost reduction, and sustainable competitive advantage in today's challenging and highly competitive world.

KeywordsLean Thinking, Operational Excellence, Waste Reduction, Continuous Improvement, Customer-Centricity

Published in: 7th European Industrial Engineering and Operations Management Conference, Augsburg (Greater Munich), Germany

Publisher: IEOM Society International
Date of Conference: July 16-18, 2024

ISBN: 979-8-3507-1737-2
ISSN/E-ISSN: 2169-8767