Industry optimization

1. Manufacturing optimization:

Manufacturing Optimization is a holistic discipline that enables manufacturers to get from proto to mass production and beyond as quickly as possible, with as little waste as possible. … “Manufacturing optimization is the practice of using data to build better products, faster, with the goal of being more competitive.”

a).Lean six sigma, b).Lean agile, c).Lean management, d).concurrent engineering

2. Supply chain optimization:

Supply chain management/ process (SCM/P) is the discipline that manages supplies and processes through all the stages of a project, product or business operation.  SCM/P describe a number of different approaches that are used to integrate the flow of materials, products, finances and information efficiently. In general, the above items are usually outsourced from any number of places like suppliers, manufacturers, wholesalers, distributors and retailers. Items can pass through several hands until they reach the customer.

a).Supply chain agilty, b).Agile logistrics,  c).Inbound/Outbound

3. Marketing and sales optimization

Manufacturing Capability Improvement through LEAN: Lean manufacturing is the optimal way of producing goods through the removal of waste and implementing flow, as opposed to batch processing. Lean manufacturing is a generic process management philosophy derived mostly from Toyota and focuses mainly on the reduction of the seven wastes originally identified by Toyota. The main principles of lean manufacturing are zero waiting time, zero inventory, internal customer pull instead of push, reduced batch sizes, and reduced process times.

a).Forecast