scholarly journals Implementation of lean manufacturing technologies as a resource for sustainable development of a commercial bank

2020 ◽  
Vol 208 ◽  
pp. 03029
Author(s):  
Irina Kolchurina ◽  
Olga Prihodko ◽  
Tatyana Volkova ◽  
Kira Ponomareva
Keyword(s):  
Commercial Bank ◽  
Lean Manufacturing ◽  
Business Processes ◽  
Bank Lending ◽  
Regulatory Requirements ◽  
Value Stream ◽  
Financial Organization ◽  
A Value ◽  
Manufacturing Technologies ◽  
Value Stream Map

The tough regulatory requirements of the Central Bank of Russia, competition with transnational banks and a reduction in the volume of issued loans made it necessary to develop measures aimed to increase the efficiency of a regional commercial bank. In this regard, search for new management methods, implementation of analysis tools and improvement of a financial organization activity are relevant. The article proposes to optimize business the processes of the management system of the regional commercial bank by using lean manufacturing tools. The advantages and usefulness of a value stream map for business processes analysis and optimization are considered and substantiated. The tool was implemented in relation to the business process of the commercial bank «Lending to individuals». The time of operations and interoperation intervals was determined, risk analysis was made, and measures were proposed to improve the process. The economic efficiency of corrective measures was calculated.

scholarly journals APPLY VALUE STREAM MAPPING TO “ETP ION DETECTTM” COMPANY

2020 ◽  
Vol 128 (5B) ◽  
pp. 51
Author(s):  
Hien Ton Nguyen Trong ◽  
Gareth Jones
Keyword(s):  
Material Flow ◽  
Lean Manufacturing ◽  
Value Stream Mapping ◽  
Flow Mapping ◽  
Value Stream ◽  
Work In Process ◽  
Current State ◽  
A Value ◽  
Production Value ◽  
Value Stream Map

<p><strong>Abstract: </strong>Value stream mapping (VSM) is a tool often applied in organisations working with lean in order to visualise and analyse production processes. By creating a value stream map, organisation can identify its main criticalities, look at both information &amp; material flow mapping in order to enhance lean manufacturing. Hence, the purpose of this work was to develop a value stream mapping for ETP Ion Detect Company (ETP) to demonstrate the possibilities of seeing sources of waste, shortening the lead-time, and reducing work-in-process inventory with the value stream mapping application.</p><p><strong>Key words</strong>: lean production, value stream mapping, current state map, future state map</p>

Optimizing Shipyard Interim Product Assembly Using a Value Stream Mapping Methodology

2015 ◽  
Author(s):  
Damir Kolich ◽  
Richard L. Storch ◽  
Niksa Fafandjel
Keyword(s):  
Lean Manufacturing ◽  
Group Technology ◽  
Production Costs ◽  
Value Stream Mapping ◽  
Production Flow ◽  
Shipbuilding Industry ◽  
Value Stream ◽  
A Value ◽  
Value Stream Map ◽  
Interim Products

Value stream mapping is used to analyze and improve the production flow in many industries, which includes the airplane and automobile industries worldwide. The shipbuilding industry has adopted lean manufacturing techniques. However, the amount of value stream mapping application in the shipbuidling industry is still relatively sparse due to the large variety of interim products and ship types. The aim of this paper is to analyze the interim products of a typical sized commercial shipyard with a product mix of chemical tankers and asphalt barges to demonstrate how a lean transformation can be performed using a shipyard value stream mapping methodology. The case study maps the typcial panel assembly lines of the shipyard and demonstrates the differences between the ship type interim products and using the lean manufacturing methodology developed by the authors to demonstrate how to define and adjust the production facilities using both lean and group technology techniques to create an improved production line which is demonstrated through a future improved value stream map. The main criteria for analyzing and comparing production improvement is through man-hours and duration time. The future value stream map has improvements of up to 50 percent, which demonstrates the importance of adopting a value stream mapping methodology for shipyards aiming to improve world competivity by decreasing production costs, while maintaining and/or improving quality of the ship buidling blocks.

scholarly journals Implementing Lean Management Techniques at a Radiation Oncology Department

2018 ◽  
Vol 18 (3) ◽  
pp. 362
Author(s):  
Mustafa M. Al-Balushi ◽  
Zahid Al-Mandhari
Keyword(s):  
Radiation Oncology ◽  
Healthcare Sector ◽  
Lean Management ◽  
Total Quality ◽  
Royal Hospital ◽  
Value Stream ◽  
A Value ◽  
Healthcare Quality Assurance ◽  
Management Techniques ◽  
Value Stream Map

Objectives: Lean management (LM) principles were first developed by a Japanese manufacturing company to maximise value and minimise waste in the automotive industry. However, these principles can also be applied in the healthcare sector. This study aimed to illustrate the process of implementing LM principles in a radiation oncology department to streamline workflow and identify and reduce waste. Methods: This study took place in the Department of Radiation Oncology, Royal Hospital, Muscat, Oman, in December 2016. A value stream map (VSM) was created for the chain of processes followed in the department. A waste analysis was conducted to determine which processes did not add value for the patient or healthcare provider. Results: Based on the VSM analysis, only six out of 13 steps were found to be of value. Necessary and unnecessary non-value-adding activities were identified. Sources of waste included parking and registration. In addition, variabilities in workload were noted. Conclusion: Overall, LM principles improve workflow, reduce waste and enhance patient and staff satisfaction. In the current study, the application of LM principles helped to improve value in a radiation oncology department.Keywords: Health Services Administration; Healthcare Quality Assurance; Total Quality Management; Organization and Administration; Efficiency; Oman.

scholarly journals Effective Reduction in Utility Cost in A Beverage Plant

2019 ◽  
Vol 8 (6S3) ◽  
pp. 2108-2112
Keyword(s):  
Power Analysis ◽  
Cooling Tower ◽  
Quality Cost ◽  
Value Stream ◽  
Root Cause ◽  
A Value ◽  
Effective Reduction ◽  
Input Variables ◽  
Utility Cost ◽  
Value Stream Map

This project. is about in-depth focus on equipment power analysis and effective reduction in Utility and Quality Cost. A Value Stream Map has been developed and analyzed to identify critical focus areas in Utilities, Process and Line. The most significant key input variables have been identified and those are Boiler, Old-Utilities, New-Utilities, Process Area & Cooling Towers, which are prioritized based upon their relationship with the key output metric. Key input, process, and output metrics have been identified. As a part of Root cause analysis, Power consumption is high due to Running of 2 compressors, yolk chiller, raw water pump, cooling tower pumps & fan and new refrigeration for cooling tower pump. Potential implementation solutions are to be developed, evaluated, and optimized based upon their effectiveness impacting the key output, robustness to variation and ease of implementation. The final improvement solution has been incorporated into the process organization and the improvement gains of 3 – 25 KWH are being expected.

Improving Efficiency and Patient Satisfaction in a Peripherally Inserted Central Catheter Center Using Lean-Based Methodology

2014 ◽  
Vol 19 (4) ◽  
pp. 244-255 ◽  
Author(s):  
Ying Zhu ◽  
Zhenqi Lu ◽  
Hongqin Dai
Keyword(s):  
Lean Manufacturing ◽  
Value Stream Mapping ◽  
Cancer Center ◽  
Peripherally Inserted Central Catheter ◽  
Central Catheter ◽  
Value Stream ◽  
Root Cause ◽  
Number Of Patients ◽  
Future Value ◽  
Value Stream Map

Abstract Background: The peripherally inserted central catheter implantation and maintenance process was optimized at Shanghai Fu Dan University Cancer Center using lean-based methodology. Problems addressed were coping with capacity limitations and streamlining the process of patient care to reduce potential complications associated with delays in catheter administration. These clinical processes were evaluated with regard to pretreatment areas—such as booking, waiting, and patient education—and solutions were recommended to the problems that were identified. Methods: Lean methodology was used under actual clinical settings to improve the clinical process, using observations, patient surveys, interviews, data analysis, and a kaizen workshop. Three tools were applied from lean methodology: value stream mapping, bottleneck calculation, and fishbone root cause analysis. The philosophy of kaizen was used to enhance teamwork, boost morale, and encourage all members of the frontline nursing team and administration leaders to contribute ideas and suggestions for improvement. Results: A value stream map and a redesigned future value stream map were plotted at the workshop to identify problems related to inefficiency and waste and to aid in proposing solutions. Implementation of these solutions resulted in smooth and steady patient distributions on days with the largest patient volume during a typical week and an increase of 30% in the number of patients that could be seen in a week. Conclusions: The economic methodology of lean manufacturing, especially value stream mapping, can be a powerful tool for visualizing and better understanding processes to reduce waste and reengineer a standardized workstream in settings where peripheral intravenous central catheters are placed.

scholarly journals Lean Thinking to Foster the Transition from Traditional Logistics to the Physical Internet

2020 ◽  
Vol 12 (15) ◽  
pp. 6053
Author(s):  
Vanessa Rodríguez Cornejo ◽  
Ángel Cervera Paz ◽  
Luis López Molina ◽  
Víctor Pérez-Fernández
Keyword(s):  
Supply Chain ◽  
Waiting Times ◽  
Value Stream Mapping ◽  
Lean Thinking ◽  
Value Stream ◽  
A Value ◽  
Physical Internet ◽  
The Right ◽  
The Relationship ◽  
Value Stream Map

This paper studies the relationship between Lean paradigms and the Physical Internet (PI). Lean thinking is a philosophy that allows one to obtain the right amount of the right items in the right place at the right time; it seeks to minimize waste and is flexible to change. In fact, applying Lean not only helps to reduce costs, but it also adds value and improves results across the supply chain. By using a value stream map, we can map the process from the supply chain to the customer, while trying not to add value activities. Such activities include excessive production, overstorage, waiting times poorly adjusted to needs, defects and rejects that require reprocessing, and, finally, unnecessary transport and movements. Storage, waiting times, and unnecessary transport and movements are at the core of the PI. A value stream map can also help to identify empty transport and unnecessary CO2 emissions. This study analyzes value stream mapping as a tool that can enable the objectives of the different Alliance for Logistics Innovation through Collaboration (ALICE) roadmaps for logistics innovation to be achieved, and can also allow PI principles to be reached on the established dates.

Graphical Analysis of Improvements in Manufacturing Processes as Result of Kaizen Events

2012 ◽  
Vol 502 ◽  
pp. 63-68 ◽  
Author(s):  
B.T. Rieger ◽  
M.A. Sebastián
Keyword(s):  
Lean Manufacturing ◽  
Graphical Method ◽  
Graphical Analysis ◽  
Manufacturing Processes ◽  
Time Analysis ◽  
Analysis And Evaluation ◽  
Value Stream ◽  
Kaizen Events ◽  
First Time ◽  
Value Stream Map

Productivity is an important factor in any industrial production. Based on several concepts and philosophies such as Kaizen and others, it is possible to realize an increase of productivity. Since it is of great interest to know and to evaluate the improvement, a suitable method that allows not only analyzing the improvement of cost but also of time is of interest. Based on the value stream map (VSM) and the profile of cost and time (PCT) the author has developed the PECOTA method, a graphical method of analysis. The concept of investment in time and cost by PECOTA allows first-time analysis and evaluation of a change in a manufacturing process in an easy and fast way. The method includes also the possibility to define the limit of lean manufacturing with the current processes.

Implementation of the Lean Model for Carrying out Value Stream Mapping and SMED in the Aerospace Engine Case Production

2012 ◽  
Vol 542-543 ◽  
pp. 302-310 ◽  
Author(s):  
Chen Hua Wang ◽  
Jar Her Kao ◽  
Sanjay Kumar Thakur
Keyword(s):  
Production Line ◽  
Lean Manufacturing ◽  
Lead Time ◽  
Setup Time ◽  
Second Step ◽  
Value Stream Mapping ◽  
Value Stream ◽  
Current State ◽  
Industry Sectors ◽  
Value Stream Map

The lean manufacturing has been widely applied in the most of the industry sectors. Single Minute Exchange of Dies (SMED) is one of lean manufacturing tools that can be used to further reduce production waste. In order to ensure waste be effectively reduced, lean manufacturing has tools to achieve its goal. The first step is analysis of current state value stream map from the production line. The second step is the use of Single Minute Exchange of Dies to propose and carry out improvement actions in bottleneck process. In this study, the aerospace engine case production lead time was reduced from 9 weeks to 7 weeks by VSM method. The SMED method was applied to improve bottleneck’s setup time from 95.68 minutes to 76.97 minutes. The lean manufacturing tool can help factory to reduce inventory in the WIP.

scholarly journals Propuestas para la mejora continua del área de producción de una empresa productora de carne de cerdo, mediante herramientas de manufactura esbelta

2019 ◽  
pp. 1-14
Author(s):  
Marco Antonio Conant-Pablos ◽  
René Daniel Fornés-Rivera ◽  
Adolfo Cano-Carrasco ◽  
Adrián Sánchez-Osuna
Keyword(s):  
Lean Manufacturing ◽  
Productive Capacity ◽  
Pork Production ◽  
Manufacturing Cell ◽  
Value Stream ◽  
Future Situation ◽  
Production Area ◽  
Production Company ◽  
Value Stream Map ◽  
Efficiency Indicators

The present project took place in a pork production company, which wants to reduce the waste of the products of the slicing area, specifically in the products Belly Slice, Kataroso Slice 120 gr and Belly Slice (3cm), aiming to identify activities that do not add value, through lean manufacturing tools, to propose improvement actions in the slicing process in the production area. The procedure used was to describe the activities of the process, generate specifications table of products, determine cycle time and productive capacity, determine sample size, prepare Value Stream Map (VSM) of the current process, identify activities that generate waste, perform VSM of the future situation and, finally, generate proposals for improvement. As a result, was obtained a program to monitor production, adapt the production line as a manufacturing cell and create a format for preventive maintenance of machinery and equipment; as well as the information that will lay the foundations for the products under study. With these actions, the intention is to contribute to the continuous improvement of performance, productivity and efficiency indicators.

scholarly journals Мапирање токова вредности пословних процеса као основа интегрисане процене стратешких и оперативних перформанси предузећа // Value stream mapping of business process as the basis of integrated assessment of strategic and operational enterprise performance

2012 ◽  
Vol 10 (16) ◽  
pp. 71
Author(s):  
Блaгoje Нoвићeвић
Keyword(s):  
Integrated Assessment ◽  
Business Processes ◽  
Value Stream Mapping ◽  
Enterprise Performance ◽  
Value Stream ◽  
New Business ◽  
Executive Teams ◽  
Tools And Techniques ◽  
Information Basis ◽  
Value Stream Map

Резиме: Мапирање токова вредности пословних процеса је најбољи могући облик представљања токова вредности и најлакши начин идентификовања пословних проблема током њиховог оперативног извршавања и проналажења алата и техника за њихово решавање. Мапа токова вредности најбољи је инструмент за препознавање и разумевање постојећих пословних процеса, тражење потенцијалних начина њиховог унапређења и истраживање нових напреднијих пословних процеса од стране свих нивоа менаџмента, до извршних тимова. Она, истовремено, представља незаобилазну информациону основу за интегрисану процену стратешких и оперативних перформанси пословних процеса и предузећа као целине.Summary: Value stream mapping of business processes is the best form of presenting value stream of business processes and the easiest way to identify business problems during their operational execution and finding the tools and techniques for their solution. Value stream map is the best instrument for identifying and understanding existing business processes, searching for potential ways of their improvement and research for new business processes advanced by all levels of management to the executive teams. It also represents the indispensable information basis for integrated assessment of strategic and operational performances of business processes and enterprise as a whole.

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