Sunday, June 16, 2019

LEAN THINKING (Manufacturing Lean Tools) Assignment

LEAN THINKING (Manufacturing Lean Tools) - Assignment ExampleIn other words, demand requests supply and then leave outs the supply out of the company. It can, therefore, be argued that the market fuels the needs that stimulate the company to make an individual product, which in turn emerges as a answerion to the pull action of demand.A company is non in a position to develop complete knowledge of the market as well as its players, which be marked by the dynamism and changeability of their needs and actions (Sharma & Agrawal, 2009). As a result, planning for organizational activities becomes risky endeavour and hence can non be carried out for in truth long spans of time. The basis for the application of the pull strategy is hence an unstable context where the same rail line processes cannot be successfully reiterated (Sharma & Agrawal, 2009). Business combat is not established with the creation of rigid cost structures that are steadily reduced with time. This means that the c ompetitive force associated with pull strategies lies in the ability of the pull strategies to react to the market in rapid action. Additionally, experience in production and communications is not hyped (Sharma & Agrawal, 2009). Rather, knowledge is created in flexible responses as per the manufacturing processes, and also to information and communications. For that reason, the competitiveness of pull systems is dependent on the ability to react afore the competition to the varying needs of demand. This applies not only to material flows but also to the flows of information and communications. It, therefore, appears that for the business sectors that experience elevated degrees of competitive intensity, only pull type policies are applied, considering the impracticality of long-term planning as well as the accentuated dynamism of demand and competitors. However, this does not occur because, the type of pull strategy has to be recognized on the basis of the details of each business p rocess.For controlled competition economies, pull

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