How Lean Manufacturing Principles Align with Cloud ERP for Cost Reduction
The world is rapidly digitizing, and so is the pressure on manufacturing companies to adapt and blend in with the change. Alongside this shift, they also grapple with the increasing cost of raw materials, machinery, and human resources. Thus, they are seeking ways to innovate and manage production processes, minimize costs, elevate profits, and expand their customer base by delivering greater value. At the core of this effort lies the methodology called ‘ Lean Manufacturing ’ . Its principles emphasize continuous improve ment and the elimination of non-value - added activities such as waste reduction, cost-cutting, and optimizing processes to avoid unnecessary workloads. Lean Manufacturing is a methodology that focuses on minimizing waste within manufacturing systems while simultaneously maximizing productivity. Implementing l ean manufacturing brings benefits like higher productivity, better quality, cost savings, timely deliveries, improved safety, bo...