⚙ Lean Manufacturing | A pursuit of perfection

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  • čas přidán 24. 06. 2024
  • 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...
    ANIMATIONS: toin.pl/en/
    SUPPORT our project: bit.ly/2fgJR9e
    Visit our website: econclips.com/
    Like our Facebook page: bit.ly/1XoU4QV
    Subscribe to our CZcams channel: bit.ly/1PrEhxG
    ★★★★★★★★★★★★★★★★★★★★★★★★★★
    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/
    ★★★★★★★★★★★★★★★★★★★★★★★★★★
    #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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    econ clips, econclips, austrian economics, austrian school of economics, capitalism, free market, Lean Manufacturing, toyota, economics, economics explained, market inflation, price index, macroeconomics, economic crisis, economic crisis 2022, 2022 economic crisis explained, finance

Komentáře • 74

  • @theleanlearningacademy
    @theleanlearningacademy Před 2 lety +8

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

  • @marunio435
    @marunio435 Před 2 lety +1

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

  • @barryhenshaw9321
    @barryhenshaw9321 Před rokem

    Just what I needed to see!

  • @isoconsult
    @isoconsult Před 2 lety +2

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

  • @miranda9691
    @miranda9691 Před 3 lety +1

    This vídeo was really well put together

  • @chrishopson1802
    @chrishopson1802 Před rokem

    Great video

  • @freesk8
    @freesk8 Před 3 lety +6

    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
      @freesk8 Před 3 lety +2

      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
    @pqsolutions2884 Před rokem

    Good job.

  • @freesk8
    @freesk8 Před 3 lety +45

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

    • @amyliu7065
      @amyliu7065 Před 3 lety +1

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

    • @freesk8
      @freesk8 Před 3 lety +9

      @@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
      @coinswaptrader2915 Před 3 lety

      the leaner it is the hungrier it is!

    • @derrickkinyal1698
      @derrickkinyal1698 Před rokem

      😂

    • @shayorshayorshayor
      @shayorshayorshayor Před 7 měsíci

      Dw. I leaned your mom

  • @beltcourse6252
    @beltcourse6252 Před rokem

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

    • @paulpatriot1776
      @paulpatriot1776 Před rokem +2

      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
      @thenosabokidhtx Před rokem

      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
      @beltcourse6252 Před 10 měsíci

      @@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
      @beltcourse6252 Před 10 měsíci

      @@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
    @anonymousmind Před 3 lety +1

    🙌🏽

  • @pjmendoza8871
    @pjmendoza8871 Před 3 lety +1

    It’s a fine line.

  • @akivaweil5066
    @akivaweil5066 Před 3 lety +13

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

  • @bckends_
    @bckends_ Před 2 lety +1

    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

  • @steeno5257
    @steeno5257 Před měsícem

    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
    @daringdare5078 Před 3 lety +13

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

  • @AlexM-td3ro
    @AlexM-td3ro Před 2 lety +4

    Not the lean manufacturing I was looking for 😂

  • @wertiaaudit5746
    @wertiaaudit5746 Před 3 lety

    😁👍

  • @EmperorNefarious1
    @EmperorNefarious1 Před 2 lety +2

    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
      @plung3r Před 2 lety +3

      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
    @matthewmchenry2889 Před rokem

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

  • @MegaLokopo
    @MegaLokopo Před 2 lety +3

    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
      @theleanlearningacademy Před 2 lety

      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
      @MegaLokopo Před 2 lety

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

  • @ak6515
    @ak6515 Před 3 lety

    4:32

  • @ak6515
    @ak6515 Před 3 lety

    2:08

  • @sunilgavade6580
    @sunilgavade6580 Před rokem

    Clean Clothes - Lean Washing

  • @sunilgavade6580
    @sunilgavade6580 Před rokem

    Operation Management

  • @s.h.6524
    @s.h.6524 Před 3 lety

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

    • @s.h.6524
      @s.h.6524 Před 3 lety

      @@thotslayer9914 Iran

    • @s.h.6524
      @s.h.6524 Před 3 lety

      @@thotslayer9914 left and right is worthless

    • @s.h.6524
      @s.h.6524 Před 3 lety

      @@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
      @s.h.6524 Před 3 lety

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

    • @s.h.6524
      @s.h.6524 Před 3 lety

      @@thotslayer9914 yes

  • @Chris-sf7ug
    @Chris-sf7ug Před rokem +3

    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 .

  • @TheMichaelMove
    @TheMichaelMove Před 3 lety +5

    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
      @daringdare5078 Před 3 lety +1

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

  • @blue3559
    @blue3559 Před 6 měsíci

    Less wages and advantages and serious accountability for politicians.

  • @86Hercules
    @86Hercules Před rokem

    Ik hou ook van ket

  • @hristoatanasov2130
    @hristoatanasov2130 Před 9 měsíci

    its start in Japan noobs...

  • @simonpettersson146
    @simonpettersson146 Před rokem

    this is the wrong type of lean i was lookingfor

  • @EcclesiastesLiker-py5ts
    @EcclesiastesLiker-py5ts Před 3 lety +4

    This is 9 minutes of pure corparatese.

  • @radha94
    @radha94 Před 3 lety +6

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

    • @jijovj3808
      @jijovj3808 Před 3 lety +4

      I have that same question

    • @coinswaptrader2915
      @coinswaptrader2915 Před 3 lety +12

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

    • @miranda9691
      @miranda9691 Před 3 lety +1

      Take goverment out= profit

    • @ExploreLearnEnglishWithGeorge
      @ExploreLearnEnglishWithGeorge Před 3 lety +1

      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
      @coinswaptrader2915 Před 3 lety

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

  • @jdubz22
    @jdubz22 Před 3 lety

    "such giants as" like if Toyota were a small company with their 264 billion USD revenue.

  • @katlegotshehla8170
    @katlegotshehla8170 Před 3 lety +8

    Oh so this has nothing to do with mixing cough syrup and sprite at the perfect ratio?