Benefits of Lean Management Practices
Previously, lean management practices were core characteristics of the production process in most manufacturing companies; however, that has begun to change. Lean is extending its reach and being applied to other industries well beyond manufacturing. When applied properly, lean management practices can improve efficiency and reduce waste in the logistics and transportation industry. This would require aligning and integrating transportation management processes with the 8 Rights of Lean Management, which are;- Right Materials, Right Quantity, Right Time, Right Place, Right Source, Right Price, Right Quality and Right Service. Read more