Lean Manufacturing Tool and Techniques in Process Industry

Abstract

The purpose of this paper is to highlight the lean principles, tools and benefits of lean concepts in industries. Lean manufacturing is plethora of principles that focus on cost reduction by identifying and eliminating non value added activities. The fiercely globalised and competitive markets of 21st century demand for increasing high variety of products at reducing cost, lesser lead time and perfect quality. This changing scenario calls for a new manufacturing that would enable them to compete in this competitive globalization market. This research addresses the application of lean manufacturing concepts to the continuous production/process sector with a focus on the steel industry. The ideas are tested on large manufacturing company.