BAMG 30700 Study Guide - Final Guide: Continual Improvement Process, Overproduction, Workflow

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18 May 2018

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Process Analytics Final Study Guide

Lecture Notes:

• What are Lean Systems?

o Lean System:

▪ operational systems that maximize the value added by each of a

opay’s atiities y eoig aste ad delays fo the

o Just-In-Time Philosophy:

▪ the belief that waste can be eliminated by cutting unnecessary capacity

or inventory and removing non-value-added activities in operations

• Continuous improvement using a lean systems approach

• Think about the home Depot article

• Eight Types of Waste (7 Deadly Sins + 1):

o 1. Overproduction:

▪ making more parts than you can sell

o 2. Delay:

▪ waiting for processing, parts sitting in storage, etc.

o 3. Transporting:

▪ moving parts to various storage locations, from process to process, etc.

→ happens a lot in auto industry

o 4. Inventory:

▪ committing money and storage space to parts not sold

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