Advanced Lean Tools: Kanban System – Kanban is an inventory management system that allows you to better manage stocks with greater control over demand. It helps plan resources more effectively as well as track progress along value streams quickly without having too many parts available at once or running out prematurely before demands have been meted out fully ensuring optimal stock levels are achieved no matter how complex their needs may be . Total Productive Maintenance (TPM) – TPM focuses on proactive maintenance procedures that use equipment data from sensors or other sources such as predictive analytics technology or machine learning algorithms in order for them find problems before they become costly issues down the line allowing companies save money from unplanned downtime caused by unexpected breakdowns .
Kaizen is a Japanese term meaning “good change” .It refers specifically continuous improvement initiatives focused on developing long-term solutions for recurring problems along every stage of production process ,from manufacturing all the way up delivery methods .Its ultimate goal its create value adding elements leading towards reduced costs ,faster throughput times ,fewer defects plus improved quality output overall creating more successful outcomes overall across entire supply chains enabling organizations remain competitive against larger competitors due ever changing markets dynamics . Kaizen works hand in hand with Six Sigma principles where it applies those same techniques involving small incremental changes so they can add up big over time helping organizations achieve higher cost savings while becoming even stronger leaders market place too