Lean Business model in the 20th decade

Lean Business model in the 20th decade

The definition of the Lean Business concept is “doing business that maximizes value while minimizing waste.” The Lean business model focuses on improving every production process and delivering products and services that are appropriate for customers. The lean business model is Born from the manufacturing industry and can be applied to every industry. This is different from other business ideas. with strict principles of practice, lean business concepts can be applied to any type of business. The lean business concept has 7 principles as follows:

7 principles of lean business thinking

1. Increase overall efficiency

Every business operates through a Value Flow, a system of campaigns and processes to deliver the best results for customers.

2. Eliminate waste

In lean thinking, it involves managing activities and procedures that do not have a beneficial effect on the customer.

3. Create internal value

Lean businesses will adjust the steps. or various processes Make it a single step. For example, programming and testing should go together instead of waiting to be tested at the end.

4. Fast

The finished product is kept from the customer in lean work for inspection. Instead, the customer will be involved in the production process and give opinions on the production.

5. Knowledge network

A lean business model involves sharing important knowledge and documents between different teams within an organization.

6. Extend delivery time

It is about working until the last moment of delivery to streamline decision-making with the most up-to-date and relevant information.

7. Create a working environment

A lean business focuses on working at maximum efficiency and providing an environment where everyone on the team can perform at their best.

Benefits of Adopting a Lean Business Model

Increase work efficiency in various processes, reduce costs, and create maximum benefits.

strength

-Work processes are more efficient. Including reducing workload and increasing productivity.

-Reduce production costs and reduce production time

- Increase work efficiency and build morale for the team

- Able to see the overall picture better

- Deliver quality products to customers and can predict overall customer satisfaction.

Applying Lean Business Concepts to Use with Your Business

-Continuous development You can apply these 7 working principles to your work process.

-Creating a quality work plan Quality work planning helps the team understand and visualize the work. Able to evaluate and improve work procedures

-Metrics and KPL You can use several indicators to measure the performance of your lean business model, such as production time, throughput, and work time. This can be measured in real-time, allowing everyone involved to see and improve. For transparency in work

In summary, Lean Business is work that reduces work time by cutting out unimportant steps or reducing steps through various methods. It can create a good working atmosphere and increase overall efficiency by Able to see work processes and improve work methods In addition, you will receive quality products and services. You can apply this model to your business in today's era that requires speed in products and services.