Increasing competitiveness in the global market

Increasing competitiveness in the global market - October 23rd, 2009.
Going lean to improve productivity and reduce cost.

World trade in manufactured goods is now global. Even if you choose to service a local market with no plans for export the reality is you may still have to compete with global corporations for your share of the local market. Is your company lean enough to compete effectively for a share of this global market?

Lean Champions

The global realities make it necessary for business leaders to very quickly identify processes that
generate a high return on investment. The tool that makes this achieveable is lean manufacturing.

Canadian based Lean Champion Tipnis who provides consulting and training services says that, “Lean management is a tool that helps us to apply our too often neglected common sense to daily routine task both in our working and personal life. Lean thinking makes it possible to work smart rather then just working hard to achieve set targets through business process improvement”.

Traditional Cost Reduction

Traditional cost reduction focused on cutting the number of employees and reducing material cost often resulting in loss of morale of the remaining employees and a compromise on product quality.

Lean Manufacturing Principles

Lean manufacturing principles help us focus on improving productivity cost effectively through a process driven methodology. Contrary to the misconception of employee reduction, lean in reality empowers the employees to be a part of the transformation of the company into a world class competitive organization.

Lean Thinking

By using "lean thinking", many firms have achieved gains in productivity and profitability.

To determine how much your company can benefit from going lean, questions have to be asked as to whether your company is experiencing; declining market share, high inventories, increasing cost, late shipment, manpower shortages, limited capacity, increased time filling orders, loosing customers to competititors, insufficient production space, or, supply chain constraints. If your company experiences challenges in two or more of the above items, then it may benefit from conducting a “lean analysis” in order to apply lean principles to the manufacturing operations.

Lean Training and Consulting

There have been instances of managers attending lean manufacturing training with a degree of skepticism, only to return to work realizing how lean reduces the effort to perform task while increasing productivity. To successfully apply lean manufacturing principles, lean training and consulting focuses on helping companies to assess and better utilize existing management and manufacturing processes.

Ultimate benefits of Lean

Lean methodologies and thinking creates an environment of trust and accountability, while reducing waste and increasing productivity. This results in the creation of high quality products at competitive prices.

Siddha Param

International Business Consultant
Winnipeg, Manitoba, Canada, North America
The geographical centre of the worlds’ largest market.

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E-mail:siddhaparam@worldwidebusinessconnection.com

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