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  2. Lean manufacturing - Wikipedia

    en.wikipedia.org/wiki/Lean_manufacturing

    Lean manufacturing is a method of manufacturing goods aimed primarily at reducing times within the production system as well as response times from suppliers and customers.It is closely related to another concept called just-in-time manufacturing (JIT manufacturing in short).

  3. Lean Six Sigma - Wikipedia

    en.wikipedia.org/wiki/Lean_Six_Sigma

    The first concept of Lean Six Sigma was created in Chuck Mills, Barbara Wheat, and Mike Carnell's 2001 book, Leaning into Six Sigma: The Path to Integration of Lean Enterprise and Six Sigma. [4] It was developed as a guide for managers of manufacturing plants on how to combine lean manufacturing and Six Sigma to improve quality and cycle time ...

  4. Lean thinking - Wikipedia

    en.wikipedia.org/wiki/Lean_thinking

    Lean thinking is a management framework made up of a philosophy, practices and principles which aim to help practitioners improve efficiency and the quality of work. Lean thinking encourages whole organisation participation. The goal is to organise human activities to deliver more benefits to society and value to individuals while eliminating ...

  5. Six Sigma - Wikipedia

    en.wikipedia.org/wiki/Six_Sigma

    Six Sigma (6σ) is a set of techniques and tools for process improvement.It was introduced by American engineer Bill Smith while working at Motorola in 1986. [1] [2]Six Sigma strategies seek to improve manufacturing quality by identifying and removing the causes of defects and minimizing variability in manufacturing and business processes.

  6. Toyota Production System - Wikipedia

    en.wikipedia.org/wiki/Toyota_Production_System

    The TPS is a management system [1] that organizes manufacturing and logistics for the automobile manufacturer, including interaction with suppliers and customers. The system is a major precursor of the more generic "lean manufacturing". Taiichi Ohno and Eiji Toyoda, Japanese industrial engineers, developed the system between 1948 and 1975. [2]

  7. Lean product development - Wikipedia

    en.wikipedia.org/wiki/Lean_product_development

    The application of Lean in product development and manufacturing are different. Some aspects may look similar, but they are not! Be wary of an expert with experience in lean manufacturing who claims to know product development." [7] The most common high-level concepts associated with lean product development are: Creation of re-usable knowledge ...

  8. 3M (MMM) Q4 2024 Earnings Call Transcript - AOL

    www.aol.com/3m-mmm-q4-2024-earnings-183012204.html

    Obviously, we're pretty levered to the manufacturing economy within IPI. So that's an important one. And we're a little bit heavier weighted in the U.S. and probably Europe and others after that.

  9. Operations management - Wikipedia

    en.wikipedia.org/wiki/Operations_management

    Lean systems is a systemic method for the elimination of waste ("Muda") within a manufacturing or service process. Lean also takes into account waste created through overburden ("Muri") and waste created through unevenness in work loads ("Mura"). The term lean manufacturing was coined in the book The Machine that Changed the World. [35]