Many
manufacturers that have adopted the philosophy and adapted to
Lean Manufacturing and some have experienced significant
benefits such as:
|
●
50-90% reductions in cycle time |
|
●
50% plus reductions in
inventory |
|
●
99% plus on-time
performance |
|
●
20% plus increases in
throughput |
|
●
5-10% reductions in direct material
cost |
|
●
20-50% reduction in overhead costs |
|
●
20-70%
reduction in the cost of quality |
Also,
improvements in marketshare, capital investment avoidance, decreased
floor space needs, increases in available capacity, among many other
measurable benefits.
