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Beyond Traditional Lean: Unlocking the Value of Your Value Network
Podcast series part 1
Presented by Michael Burkett, Vice President, Industry Value Chain Strategies, AMR Research, in association with S S Prasad Satyavolu, Head, Innovation & Transformation Group - Manufacturing, Tata Consultancy Services.Lean philosophy can be adapted to successfully transform organizations. But how successfully can you take Lean principles beyond the four walls of your enterprise and use them to unlock the hidden value in your value chain network? Can Lean adoption help you realize the goal of being truly demand-driven?
The globalization of manufacturing, and global sourcing paradigms bring additional focus on unlocking value from the network. These conditions are real, and can even impact the rhythm achieved in a plant through successful Lean transformation.
How do you handle the complexity caused by globalization, including a global demand-supply environment and a global workforce? Extending any collaborative effort to the supply network increases complexity for processes and systems. Successful Lean adoptions have paid a lot of attention to technology enablement strategies as well as a disaggregated process model with baked in concepts of Lean. This holistic approach has helped organizations eliminate waste.
In this comprehensive three-part podcast series, Mike and Prasad examine how to drive profitability and differentiation by successful adoption of Lean in your value network.
Part 1 - Challenges and Pitfalls
The first part of this podcast series reveals the many challenges organizations face in taking Lean adoption beyond the factory floor. Adoption of Lean within the enterprise isnt easy and many organizations fail to do so. Extending the principles of Lean to the broader value network presents greater complexity. Michael Burkett of AMR Research and S S Prasad Satyavolu, Innovation & Transformation Group - Manufacturing, TCS examine the challenges companies face in eliminating waste in the value network. Learn why others have failed and spot pitfalls you must avoid.
Part 2 - Solutions and Recommendations
The second segment of this podcast series examines some of the solutions for realizing the goal of implementing Lean to the value network. With the increased complexity of the global supply chain as the backdrop, Michael Burkett of AMR Research and S S Prasad Satyavolu, Innovation & Transformation Group - Manufacturing, TCS share their recommendations for implementing Lean principles. Learn how your organization can reduce waste and achieve greater operational efficiency. Uncover why Lean is even more relevant in the current economic scenario.
Part 3 - Success Stories
In this concluding segment of this podcast series, Michael Burkett of AMR Research and S S Prasad Satyavolu, Innovation & Transformation Group - Manufacturing, TCS share their observations and showcase organisations that have benefited tremendously from implementing Lean principles to the value network. Learn from select successful Lean implementation examples and discover how they improved business performance, optimized the supply chain, tracked continuous improvement and communicated progress.