December - 20196 MANUFACTURING TECHNOLOGY INSIGHTSThe concept of lean manufacturing was developed with a goal to eliminate waste, simplify production processes, and simultaneously help companies maximize productivity. Lean manufacturing was introduced to the West via the 1990 publication of "The Machine That Changed the World," which was based on a five-year study of the future of the automobile that detailed Toyota's lean production system. Since then, the lean principles have influenced manufacturing concepts in industries outside of manufacturing, including healthcare, software development, and service industries. Manufacturers faced with thin profit margins and increased competition are optimizing labor resources and aligning them with the most important business project and goals. Through the use of lean labor the right mix of people and skill for each shift are scheduled. This increases total production while minimizing labor costs and eliminates the need for overtime costs. Lean manufacturing is also a natural fit with green manufacturing as it introduces a systematic and continuous approach to reduce waste in all forms, while balancing this goal against business objectives. Green manufacturing aims to conserve natural resources for future generations through sustainable means of development. Another technology that goes hand in hand with lean manufacturing is 3D printing. Customers and businesses are becoming aware of the efficiencies that 3D printing is making possible. The benefits include easier prototyping, shorter lead times, cheaper and quickly made customized products, greater consistency, and efficiency. 3D printing is has the potential to enable newer and leaner processes, allowing businesses to tap into new customer markets at relatively lower costs. Lean manufacturing is a natural complement with a variety of business goals. Highlighting new developments in the lean manufacturing space, Manufacturing Technology Insights brings to you this edition on manufacturing solution providers and services/consulting companies. We are featuring a list of key players in the lean manufacturing space along with insightful articles from industry thought leaders. We believe this edition will help you in evaluating and formalizing effective manufacturing strategies for your organization.Let us know your thoughts!Eliminating Inefficiency in ManufacturingEditorialCopyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Contact Us:Phone:510.936.8381Fax:510-894.8405Email:sales@manufacturingtechnologyinsights.comeditor@manufacturingtechnologyinsights.commarketing@manufacturingtechnologyinsights.com December - 06 - 2019, Vol 05 - Issue 26 (ISSN 2644-2493) Published by ValleyMedia, Inc. To subscribe to Manufacturing Technology InsightsVisit www.manufacturingtechnologyinsights.com Editor-in-ChiefLaura DavisEditorial StaffSalesVisualizerJaxon JaseAndrew D'souzaandrew@manufacturingtechnologyinsights.comAva Gracia Peter ThomasRose DcruzAaron PaulTECHNOLOGY INSIGHTSTECHNOLOGY INSIGHTSLaura DavisEditor-in-ChiefManufacturing Technology InsightsWrite to useditor@manufacturingtechnologyinsights.com*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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