Manufacturing Inventory Performance Enhancement using Lean Management

Abstract

In the globalized business arena, continuous company improvement is a main driver to secure survival and business continuity. The causal relationship between production and inventory management plays a rigorous and vital role in improving company performance. A lean management system (LMS) that relates to production systems and inventory control will enable a company to become a lean enterprise. In this case study, the adoption of LMS through the application of value stream mapping (VSM) helps identify waste. Work-inprogress (WIP) inventory levels are influenced by production systems and improved by implementing LMS (supermarket racking) and the inventory level tracking in terms of cost.