You are an \"up-and-coming\" analyst at a local manufacturing company that upper

Question

You are an "up-and-coming" analyst at a local manufacturing company that upper management has been considering for a management position. Your company and the current management are relatively "old fashioned" and there have not been any significant productivity improvements in the last 20 years. In fact, the writing is "on the wall" since foreign competition is forcing your company's management to consider re-locating most of the manufacturing operations to Taiwan. However, you have successfully completed the highly touted "Productivity Strategies" course at MTSU and decide that if changes are made to make the company "lean." profits would go above what is possible with lower labor costs overseas. What do you do to convince management to change, without jeopardizing your position, and how do you "sell" them on "lean manufacturing."

Explanation / Answer

There are several advantages of adopting lean manufacturing principles :

Thus lean manufacturing techniqies should be implemented by the company as it is high time to reap its advantages.

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