⚙ Lean Manufacturing | A pursuit of perfection

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In today’s episode, we’ll talk about:
1. What is Lean Manufacturing and what principles and tools does it use?
2. What does the Lean concept have in common with the Toyota Production System?
3. Which industries use the Lean concept?
4. What are the benefits for companies of using the Lean concept?
00:00 Sponspr
00:08 Introduction
00:25 What is Lean Manufacturing?
01:11 The first use
02:05 Principles of Lean Manufacturing
02:36 Basic Lean Manufacturing tools
03:56 Toyota production system
04:33 How does TPS work?
05:32 Production line
06:18 The concept is also used by...
07:08 How to use Lean Manufacturing?
07:52 Benefits
08:37 Summary
08:52 Outro
LINKS
BLOG: econclips.com/lean-manufactur...
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Music on CC license:
Kevin MacLeod: Home Base Groove - na licencji Creative Commons Attribution (creativecommons.org/licenses/...)
Źródło: incompetech.com/music/royalty-...
Wykonawca: incompetech.com/
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#Economics #Capitalism #Finance
#EconClips
Econ Clips is an economic blog. Our objective is teaching economics through easy to watch animated films. We talk about variety of subjects such as economy, finance, inflation, money, investing, monetary systems, financial markets, financial institutions, cental banks, wealth, financial crises and business cycles. If you want to know how the economy works and understand why it works this way - join us on econclips.com and learn Austrian Economics in a fun way!
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26 июн 2024

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Комментарии : 74

@theleanlearningacademy 2 года назад

Good job of presenting difficult concepts in an easy to understand method. Keep up the good work .

@marunio435 2 года назад

You're doing great job. Don's stop at the top, please!

@barryhenshaw9321 Год назад

Just what I needed to see!

@isoconsult 2 года назад

WoWww..I like your animation..good and clear..Thanks 😊😊😊😊👏👏👏

@EconClips 2 года назад

Thanks :)

@miranda9691 3 года назад

This vídeo was really well put together

@chrishopson1802 Год назад

Great video

@freesk8 3 года назад

I used to teach this subject at WWU in the '90's. Well done! Great video. Factories must deal in reality. For this reason, they can only exist efficiently in a free market environment, where prices reflect real demand and scarcity, instead of political will.

@freesk8 3 года назад

One of my favorite things to teach was the relationship between reducing set-up times (die changes in the video) and reducing inventory levels. If it is expensive to set up the line for a new product run, then the product runs will have to be large, and inventory levels will be high. But if set up costs are low, you can afford to run small batch sizes, and inventory levels stay low.

@pqsolutions2884 Год назад

Good job.

@freesk8 3 года назад

Wouldn't it be great if we could have lean government? :)

@amyliu7065 3 года назад

It would, but I wonder why we don’t have it yet?

@freesk8 3 года назад

@@amyliu7065 Politicians don't benefit from lean government. They want more power, and to get re-elected. The more waste, the more money and people they control. The more money there is, the more they can spread favors around to get campaign contributions and allies. The people are better off with lean government. But the politicians and wealthy special interests want big, powerful, bloated, wasteful government. That's why we don't have it yet.

@coinswaptrader2915 3 года назад

the leaner it is the hungrier it is!

@derrickkinyal1698 Год назад

😂

@shayorshayorshayor 7 месяцев назад

Dw. I leaned your mom

@beltcourse6252 Год назад

Great effort at explaining Lean in an engaging way!! Well done! Just curious, people watching, have you implemented Lean successfully in your organization?

@paulpatriot1776 Год назад

I’m starting to break through the resistance to change and the “ we’ve always done it that way” mentality in the South and slowly making incremental improvements, using LEAN principles.👍🇺🇸

@thenosabokidhtx Год назад

I understand the concept but not sure how to implement into business. A guide or best practices of how to achieve it would be nice.

@beltcourse6252 10 месяцев назад

@@thenosabokidhtx There's a lot of information online, but there's also misinformation. It also depends on your business. What business are you in? What's your role?

@beltcourse6252 10 месяцев назад

@@paulpatriot1776 Good for you! Change is hard and it's a journey! If you have any questions or support needs, I'd be glad to help...

@anonymousmind 3 года назад

🙌🏽

@pjmendoza8871 3 года назад

It’s a fine line.

@akivaweil5066 3 года назад

I laughed when he said "lean government." Good one dude.

@bckends_ 2 года назад

lmao imagine being a polish student studying Lean in finland and finding out that the best video on the topic on youtube is by polish people

@EconClips 2 года назад

@agatak7098 2 года назад

Same

@steeno5257 Месяц назад

This just seems like common sense to implement only the necessary amount of labor/processes/inventory to keep costs down while maintaining good profits.

@daringdare5078 3 года назад

I just watched a nine minute video saying: made to order is better than made to stock.

@AlexM-td3ro 2 года назад

Not the lean manufacturing I was looking for 😂

@wertiaaudit5746 3 года назад

😁👍

@EmperorNefarious1 2 года назад

Lean seens like a sneaky way to say profits (customers) are more important than the company itself. Maybe I'm misinterpreting it but I feel a bit unconfortable when I listen to this.

@plung3r 2 года назад

Customers are the ones who define value. You can't sell to a customer of he's not willing to buy your product. You have to know what he wants. When you sell to customers, you make money, when you make money you divide it to your employees who helped you do the job.

@matthewmchenry2889 Год назад

Just the right level of boot, at just the right level of throat.

@MegaLokopo 2 года назад

funny how well lean manufacturing is working this year and last. Lean manufacturing should only be used on parts where you have complete control over your supplier, and can guarantee 100 percent of the time, you will get whatever you buy. Otherwise you should have stock piles of parts.

@theleanlearningacademy 2 года назад

To me the last two years have been challenging in that many consultants can't get into their client's facility. I'm trying to do this online. Does online work?

@MegaLokopo 2 года назад

@@theleanlearningacademy It depends on what your doing for consulting. but for manufacturing or warehouse work, it is far easier in person.

@ak6515 3 года назад

4:32

@ak6515 3 года назад

2:08

@sunilgavade6580 Год назад

Clean Clothes - Lean Washing

@sunilgavade6580 Год назад

Operation Management

@s.h.6524 3 года назад

What's the name of the background music? I really wanna know

@s.h.6524 3 года назад

@@thotslayer9914 Iran

@s.h.6524 3 года назад

@@thotslayer9914 left and right is worthless

@s.h.6524 3 года назад

@@thotslayer9914 fun fact: in my country right wingers are secular and left wingers are still stuck in the cold war war era and are more likely to support the Islamic regime. The one universal thing I can think that can be applied for the left and right dichotomy is economics; right wingers like economic freedom and left wingers like economic control. BTW do you know the name of the background song?

@s.h.6524 3 года назад

@@thotslayer9914 the ability to trade wouthout intervention from a third party

@s.h.6524 3 года назад

@@thotslayer9914 yes

@TheMichaelMove 3 года назад

Hey I’ve got an idea that could work really well “Lean Socialism.” So far it’s just been applied to people in food lines but you never know.

@daringdare5078 3 года назад

The Italians tried to do ‘Lean Architecture’ but it didn’t catch on.

@Chris-sf7ug Год назад

Show me a proponent of lean and I'll show you a person who had never worked for a large conglomerate pretending to be lean and adapting all the buzz words with non of the work and all the inefficiency .

@blue3559 6 месяцев назад

Less wages and advantages and serious accountability for politicians.

@86Hercules Год назад

Ik hou ook van ket

@hristoatanasov2130 9 месяцев назад

its start in Japan noobs...

@simonpettersson146 Год назад

this is the wrong type of lean i was lookingfor

@EcclesiastesLiker-py5ts 3 года назад

This is 9 minutes of pure corparatese.

@radha94 3 года назад

Why is American colleges so expensive How to cut the cost of college ?? Please make a video about it.

@jijovj3808 3 года назад

I have that same question

@coinswaptrader2915 3 года назад

abolish government subsidized student loans and let universities and colleges compete in a free market!

@miranda9691 3 года назад

Take goverment out= profit

@ExploreLearnEnglishWithGeorge 3 года назад

because in a free market economy such is the USA, even the prisons are privately owned! This is in most(if not all) countries on Earth unthikable! Nobody can own human beings and nobody should own knowledge which is the shared heritage of all mankind. In many European countries universities are almost for free...in some EU countries you even get paid $1000 pcm for going to uni... Americans call this system 'socialism'...Europeans call it social democracy. Americans call their US system 'democracy'...everyone else refers to it as corpocracy. Almost all aspects of US citizens' life are run and dictated by corporations (people don't recognise it, same as fish don't know they are in water as they don't know anything else)

@coinswaptrader2915 3 года назад

@@ExploreLearnEnglishWithGeorge I would prefer being under the guardianship of a private prison than a government owned prison.