THE_MANAGEMENT_OF_LEAN_AND_AGILE_ORGANISATIONS_2008_6ME015 Assignment

THE_MANAGEMENT_OF_LEAN_AND_AGILE_ORGANISATIONS_2008_6ME015 - Assignment Example In this context, the present paper discusses the various features of lean production system and its related literature. The paper takes a descriptive approach where in the present lean manufacturing system is discussed in detail. Also an effort is made to compare the lean and mass manufacturing system. Mass manufacturing and distribution were considered ideal business strategies in the past. In those days, business organisations produced large amount of products with standard quality fixed by them. The products in large quantity were also supplied through the mass distribution system. These strategies were found practical and economical in times when production oriented business operations and economies of scale is the barometer of business success. However, these seem to be inefficient and unsuccessful in the modern business environment where products are being produced and distributed keeping in view the interests of ultimate customers. In the modern philosophy of marketing management and the era of customer relationship management (CRM), business operations are carried out more in conformity to the needs and tastes of customers than the economics of business operations. The main argument brought about by the advocates of lean manufacturing system is that mass production results in huge wastage of resources, mainly material and equipments and it needs huge investment in inventory, which is Mass manufacturing and distribution were considered ideal business strategies in the past. In those days, business organisations produced large amount of products with standard quality fixed by them. The products in large quantity were also supplied through the mass distribution system. These strategies were found practical and economical in times when production oriented business operations and economies of scale is the barometer of business success. However, these seem to be inefficient and unsuccessful in the modern business environment