Discuss how implementation of Lean Principles and Just -in- Time (JIT) manufacturing may assist in achieving a more flexible and yet efficient process design. Justify your answer by referring to the 5 Performances model.
Different manufacturing processes have different strengths and weaknesses as some are best suited to making small numbers of customized products, while others excel at producing large volumes of standard item. Companies must therefore carefully consider the strengths and weaknesses of different processes and make appropriate decisions as part of their overall business strategy not just […]