Answer:
Lean manufacturing improves efficiency, reduces waste, and increases productivity. ... Improved lead times:
As manufacturing processes are streamlined, businesses can better respond to fluctuations in demand and other market variables, resulting in fewer delays and better lead times.
Explanation:
Lean manufacturing improves efficiency, reduces waste, and increases productivity. The benefits, therefore, are manifold:
Increased product quality: Improved efficiency frees up employees and resources for innovation and quality control that would have previously been wasted.
Improved lead times: As manufacturing processes are streamlined, businesses can better respond to fluctuations in demand and other market variables, resulting in fewer delays and better lead times.
Sustainability: Less waste and better adaptability makes for a business that’s better equipped to thrive well into the future.
Employee satisfaction: Workers know when their daily routine is bloated or packed with unnecessary work, and it negatively affects morale. Lean manufacturing boosts not only productivity, but employee satisfaction.
Increased profits: And, of course, more productivity with less waste and better quality ultimately makes for a more profitable company
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