7 Kinds of Waste Reduced by Digital Lean Manufacturing
For decades, lean manufacturing has been a hallmark of production excellence. The principles behind it, which focus on reducing waste and continuous improvement, have helped businesses improve their processes at nearly every manufacturing stage. When a production process is operating at peak efficiency, businesses not only cut costs, they also improve product quality, which in turn improves brand reputation. While the concept of lean manufacturing is nothing new, modern technology is providing new ways for manufacturers to assess their production processes and discover new lean ways to operate. The suite of new technologies transforming manufacturing are collectively known as “Industry 4.0”, and all have ramifications for reducing waste and enabling continuous improvement.
