An anemic bottom line can be the result of excessive waste in your manufacturing process. Learning to streamline these processes may reduce waste, cut costs, and satisfy your current customers.
Lean manufacturing doesn’t necessarily mean using cheaper vendors for your parts. High-quality parts with limited complaints and defects can boost your business and customer loyalty. Other contributing factors for excess waste include too much inventory or supplies on hand, overproduction, and extensive paper trails for invoices.
Your manufacturing processes may need an overhaul to reduce waste. The following simple, yet effective, solutions may boost your company’s bottom line.