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Operational Strategies: Lean Production. A2 Business Studies. Aims and Objectives. Aim: Understand time based management Objectives: Define lean production Explain Time Based Management Analyse TBM Evaluate TBM. Starter. Define waste in a business sense.
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Operational Strategies: Lean Production A2 Business Studies
Aims and Objectives Aim: • Understand time based management Objectives: • Define lean production • Explain Time Based Management • Analyse TBM • Evaluate TBM
Starter • Define waste in a business sense. • Wasted materials, wasted time, etc.
Lean Production An approach to management that focuses on cutting waste, whilst ensuring quality. This approach can be applied to all aspects of a business – from design, through production to distribution.
Why Cut Waste? Waste = Cost
Effective Lean Production Requires.. • Good relationships with suppliers • Committed, skilled and motivated employees • Culture of change • Trust between management and employees
Time Based Management A general approach that recognises the importance of time and seeks to reduce the level of wasted time in the production processes of a business.
Time Based Management • http://www.youtube.com/watch?v=8PdmNbqtDdI&feature=related • Frederick Taylor • Ford Factory
Time Based Management What does there need to exist in the business for time based management to be successful?
Time Based Management Requirements • Flexible production methods • Able to change products quickly • Can change production volume • Trained employees • Multi-skilled staff • Trust between managers and workers
Time Based Management Plenary What does the success of implementing a Time Based Management system depend on?