While Lean principles have been known and applied in a variety of manufacturing processes, the applications in product development have been slower to come. Several companies have also applied Lean to ...

Krishna Valluru applies Lean to financial services: 50% faster processes, 25% cost savings, 30% error reduction via value ...

A manufacturing plant produces more than just goods. It’s also a data factory. Every asset, product, process and system on the plant floor creates and contributes to a staggering volume of data. One ...

Lean thinking originated with the Toyota Production System. Its success in streamlining existing automotive manufacturing processes led to the adaptation of those principles to other areas of business ...

Lean manufacturing may be decades old, but its relevance is only growing stronger in the age of Industry 4.0. As manufacturers increasingly adopt smart manufacturing technologies, a powerful evolution ...

In today’s fast-paced, globalized business world, competition among modern corporations is fierce. In this climate, every competitive edge matters, leading business professionals to continually ...

Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with content, and download exclusive resources. Vivek Yadav, an engineering manager from ...

However, lean’s many benefits extend well beyond the assembly line. And, as a new book argues, its qualitative approach to enterprise improvement has never been more relevant. What a Unicorn Knows, by ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...