Llean Implementation Using VSM and Simulation Assignment

Llean Implementation Using VSM and Simulation - Assignment ExampleThus, this report will be an attempt towards depicting the use of the Lean manufacturing technique for optimizing the cater chain of ACW.Technology drives industriousness. This is true for industrial sectors especially those belonging to the developed economies of the world. Until the last decade, industries in the United States and Europe (which were some of the most heavily change countries of the world) were so heavily dependent on technological Research & development so much so that a major(ip) chunk of companies budget utilise to be allocated exclusively for R&D purposes. But, the most glaring phenomenon was that there were no research initiatives in the direction of management let alone fling off management. Here waste must not be confused with physical waste, as the following sections will go on to depict.It was not until two decades agone that manufacturing industries realized their folly. They had learnt a n important lesson from their fellow counterparts in Japan who had successfully implemented & popularized the use of Just in Time policies. The Just in Time form _or_ system of government was a conglomeration or in other words, a fusion of the concepts of mass production and scientific management methodologies. ... With the passage of time, the concept of lean manufacturing has gained Brobdingnagian popularity with its varied application in fields ranging from mass production to the services industry. Thus, lean methodologies have been successfully implemented in many disciplines.If one were to spirit down at history towards various sectors of the industry, it can be understood as to how lean principle have go into into being. The roots of lean come from the word-CUTTHROAT COMPETITION. Since the 1970s, regardless of the nature or the services provided by the industry, the emphasis is laid more on how fast can the final product be delivered with optimum quality. If one were to lo ok at Dells strategy, it would be imperative that dell manufactures custom desktops in less than a week so as to re main(prenominal) a step ahead of its competitors. FedEx has been known to deliver packages within a day and this is the reason for the companys huge customer base and its dominance in the courier industry. Thus, their main strategy is to think on the basis of adding value to the supply chain, which in managerial jargon, would be known as Lean thinking. Under the lean strategy, the industry strives to identify critical elements connected to the industry that add value to the product along with minimizing the production time.The same is the case with the company that is under focus as far as this report is concerned. The company here is called ACW that is based in Tonypandy. The main objective of this report would be to analyze the current state of work flow using some popular methods under the lean manufacturing techniques and thereupon propose further strategies and ch anges in order to optimize the work processes further. But before that, a major