Customer Reviews:
Showing reviews 26-30 of 49
A Roadmap for Efficient Value Creation April 23, 2004 Robert W. Bradford (Ann Arbor, MI United States) 9 out of 13 found this review helpful
Would you like to double productivity, cut development time by 60%, reduce inventory by 65%, reduce throughput time by 95%, reduce capital investment while doubling sales? Pre-existing assets, technologies, practices, organizations and concepts often cause enormous waste, i.e. activity which does not create value. This exciting book is about a way to do more and more with less and less - to create value instead of waste.Lean Principles 1. Accurately understand VALUE (needs and preferences) from the customer's perspective. 2. Perform VALUE STREAM analysis. This will reveal three types of actions: 1) those that create value, 2) those that do not create value but are unavoidable in the present situation and 3) those that don't create value and are immediately avoidable. 3. After eliminating avoidable waste activities, make the remaining activities continuously FLOW. This requires the elimination of departmentalized "high speed" batch-and-queue "efficiency". It requires quick changeovers, "right-sizing" and close coupling of operations without buffers. The authors state that the results are always a dramatic reduction of effort and improvement in throughput. 4. Because of the radical reduction achieved in throughput time, you now are capable of Just In Time operations. You can now let the customer PULL the product. 5. Finally search for PERFECTION. Perfection is, of course, impossible. But the effort compels progress. "Just Do It" The lean approach is to "just do it" with dedicated cross functional product teams which often include suppliers and customers. The beauty of this system is that it won't work at all unless everything works properly all the time. Thus 100% performance becomes an absolute requirement. The authors present a number of very interesting case studies in which dramatic results were obtained. They conclude with advice as to how to get started - including a list of available resources. This book is especially well-suited to operations managers, but will also benefit any executive in a company that relies upon operational excellence as a part of their strategy. (Robert Bradford is CEO of Center for Simplified Strategic Planning and co-author of Simplified Strategic Planning)
Russian edition of Lean thinking January 28, 2004 Tanya Samsyka (Russia, Moscow) 1 out of 15 found this review helpful
This book was translated and published in Russia in January 2004. We find that it will be interesting and usefull for russian managers and companies.
Russian edition of Lean thinking January 28, 2004 Tanya Samsyka (Russia, Moscow) 3 out of 12 found this review helpful
Russian edition of Lean thinking was published in Russia in January 2004. It's a interesting, necessary book for Russain managers and companies...
A Business Paradox: Less Really Can Achieve More November 3, 2003 Robert Morris (Dallas, Texas) 10 out of 11 found this review helpful
This is a new and expanded second edition of a book first published in 1996. Of special interest to me was what Womack and Jones had to say in the preface regarding what has since happened to the companies previously discussed. Apparently lean thinking has enabled Toyota, Wiremold, Porsche, Lantech, and Pratt & Whitney to sustain operational excellence and economic prosperity. Briefly, how do Womack and Jones define lean thinking? It is the opposite of muda (a Japanese) word for anything which consumes resources without creating value. In a word, waste. Lean thinking is lean because "it provides a way to do more and more with less and less -- less human effort, less equipment, less time, and less space -- while coming closer and closer to providing customers with exactly what they want." Lean thinking is thus a process of thought, not an expedient response or a stop-gap solution. The challenge, according to Womack and Jones, is to convert muda into real, quantifiable value and the process to achieve that worthy objective requires everyone within an organization (regardless of size or nature) to be actively involved in that process. Once again, in this new edition they address questions such as these: 1. How can certain "simple, actionable principles" enable any business to create lasting value during any business conditions? 2. How can these principles be applied most effectively in real businesses, regardless of size or nature? 3. How can a relentless focus on the value stream for every product create "a true lean enterprise that optimizes the value created for the customer while minimizing time, cost, and errors"? In Part IV, Womack and Jones update the continuing advance of of lean thinking. They rack the trend in inventory turns and the progress of their profiled companies. Also of special interest to me was the discussion of what Womack and Jones have learned since 1996 which probably explains why they introduce a new range of implementation tools support value stream mapping initiatives and thereby "to raise consciousness about value and its components, leading to action." Obviously, even if everyone involved within a given organization is committed to lean thinking, to creating value while (and by) eliminating waste, the process requires specific strategies and tactics to succeed. Hence the importance of the last chapter in this book., "Institutionalizing the Revolution." I presume to suggest that the process of lean thinking never ends. Inevitably, success creates abundance; abundance often permits waste. I also presume to suggest that priorities must first be set so that the implementation of lean thinking process does not inadvertently create or neglect waste in areas which influence the creation of value for customers. Although highly readable, this is not an "easy read" because it requires rigorous thinking about what is most important to a given organization, rigorous thinking about the root causes (rather than the symptoms) of that organization's problems, and rigorous thinking about the most prudent use of resources to eliminate those problems. Because of the importance of the material which Womack and Jones share, I strongly recommend that decision-makers read and then re-read this book before getting together to exchange reactions to it. Out of that discussion, I hope, will come both a collective commitment to lean thinking and the personal determination of each executive to apply what she or he has learned from this book in operational areas where waste has most diminished value.
Great Book February 18, 2003 Brian Halasinski (Canton, Oh Usa) 0 out of 10 found this review helpful
This book is a very easy read and has the information needed to take you to the next level in manufacturing.
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