The Effects of Lean Manufacturing Principles on Inventory Control and Production Planning

Authors

  • Arpita Priya Bannari Amman Institute of Technology Sathyamangalam, Tamil Nadu

Keywords:

Industry 4.0, Sustainability, Technological Integration, Human-Centric Lean, Adaptive Agility.

Abstract

This abstract presents a comprehensive overview of the future trajectories and innovative advancements within Lean Manufacturing. The synthesis encapsulates the evolving landscape, emphasizing technological integration, sustainability, human-centric approaches, and adaptive agility as key focal points. The integration of Industry 4.0 technologies, such as IoT, AI, and AR/VR, signals a paradigm shift towards smart, data-driven processes. Furthermore, Lean methodologies extend beyond manufacturing, permeating service industries and supply chains, adapting to diverse operational contexts. Notably, a pivotal evolution towards sustainability intertwines with Lean practices, embodying a commitment to eco-conscious operations. Emphasizing the human element, future Lean initiatives prioritize employee engagement, skill enhancement, and empowerment. Moreover, the agility inherent in Lean methodologies fosters adaptability, enabling organizations to navigate uncertainties. This narrative also highlights the accessibility of Lean principles for small businesses, offering scalable and cost-effective strategies. In essence, the synthesis portrays Lean Manufacturing as a catalyst for operational excellence, innovation, and sustainability, shaping a transformative future landscape.

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Published

2023-12-22