Are more companies embracing lean as a cost cutting measure in todays down economy?
Not only Lean approaches to waste reduction and management from the production side, but management systems approaches such as ISO 14001 to capture environmental sustainability, with positive ROI’s. This approach has also been referred to as “Lean and Green” and is a perfect fit in a down economy when seeking ways to improve efficiency and optimize (or make more with less!). •Lean creates a positive view (future state) of a process without waste •Green creates a positive view of a sustainable future for the enterprise that is not limited to energy or environment •Lean and green leverages compliance but also puts companies on the path to sustainability •ISO 14001 formalizes sustainability and creates a structured, verifiable certification path to manage supply chain expectations.
Related Questions
- Why is the price of TLCs equipment only about half the cost of other comparable glass cutting equipment available in the world today?
- Why cost cutting is good for the economy If a company trims costs in order to make a profit, what is wrong with this?
- Are more companies embracing lean as a cost cutting measure in todays down economy?
