Mgt530 Module 14 Discussion Forum Lean Manufacturing

Lean ManufacturingLean manufacturing refers to a methodology that concentrates on limiting waste within manufacturing systems while maximizing productivity (Rouse, 2017). Waste is anything that customers believe does not add value and are unwilling to pay for. Lean manufacturing was introduced in 1990 and was founded on a MIT futuristic research of the automobile detailed by Toyota’s lean production system (Rouse, 2017). Some lean production wastes include excess inventory, product overproduction, flaws requiring cost and effort for repair, and overprocessing. Golden Chip Company Factory, GCCF, is a subsidiary of Golden Chip Company, a newly created smart card factory in Dammam’s Second Industrial zone, Saudi Arabia (GulfTalent, 2020). The company does not consider itself an ordinary card manufacturer as it exceeds industry standards while upholding an outstanding reputation in the card manufacturing sector. GCCF is distinct from other card manufacturers because it offers to different plants, each specially designed for a particular purpose (GulfTalent, 2020). Its progressive and innovative approach, combined with substantial experience, offers the best of both worlds: experience and vision that is paralleled to none in the marketplace. Value is something customers are willing to pay for and GCCF is aware of this fact. Like other manufacturing companies,