Lean Manufacturing

lean manufacturing

While two terms within the industry ,”Lean Manufacturing” and “Low Cost Manufacturing” are often used interchangeably, they actually have slight differences as each refer to the method and techniques of the manufacturing industry, respectively.

While low cost manufacturing focuses on the optimization of all manufacturing expenses and costs, particularly on a large scale with outsourcing, lean manufacturing concentrates on the efficiency of resources such as materials, methods and human capital. Both seek to improve productivity and eliminate waste.

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