Book Reviews of Lean Thinking : Banish Waste and Create Wealth in Your Corporation, Revised and Updated

Lean Thinking : Banish Waste and Create Wealth in Your Corporation, Revised and Updated
Lean Thinking Banish Waste and Create Wealth in Your Corporation Revised and Updated
Author: James P. Womack, Daniel T. Jones, James Womack, Daniel Jones
The Market's bargain prices are even better for Paperbackswap club members!
Retail Price: $32.00
Buy New (Hardcover): $20.99 (save 34%) or
Become a PBS member and pay $17.09+1 PBS book credit (save 46%)
ISBN-13: 9780743249270
ISBN-10: 0743249275
Publication Date: 6/10/2003
Pages: 384
Rating:
  • Currently 3.8/5 Stars.
 2

3.8 stars, based on 2 ratings
Publisher: Free Press
Book Type: Hardcover
Reviews: Amazon | Write a Review

Book Reviews submitted by our Members...sorted by voted most helpful

reviewed Lean Thinking : Banish Waste and Create Wealth in Your Corporation, Revised and Updated on + 20 more book reviews
In the revised and updated edition of Lean Thinking: Banish Waste and Create Wealth in Your Corporation, authors James P. Womack and Daniel T. Jones provide a thoughtful expansion upon their value-based business system based on the Toyota model. Along the way they update their action plan in light of new research and the increasing globalization of manufacturing, and they revisit some of their key case studies (most of which still derive, however, from the automotive, aerospace, and other manufacturing industries).

The core of the lean model remains the same in the new edition. All businesses must define the "value" that they produce as the product that best suits customer needs. The leaders must then identify and clarify the "value stream," the nexus of actions to bring the product through problems solving, information management, and physical transformation tasks. Next, "lean enterprise" lines up suppliers with this value stream. "Flow" traces the product across departments. "Pull" then activates the flow as the business re-orients towards the pull of the customer's needs. Finally, with the company reengineered towards its core value in a flow process, the business re-orients towards "perfection," rooting out all the remaining muda (Japanese for "waste") in the system.

Despite the authors' claims to "actionable principles for creating lasting value in any business during any business conditions," the lean model is not demonstrated with broad applications in the service or retail industries. But those manager's whose needs resonate with those described in the Lean Thinking case studies will find a host of practical guidelines for streamlining their processes and achieving manufacturing efficiencies. --Patrick O'Kelley

From Publishers Weekly
There's a missionary zeal to this book for corporate managers: it wants to convert companies the world over to the streamlined production process pioneered by Toyota after WWII. Womack and Jones chronicled Toyota's concept of lean production in The Machine That Changed the World, and embarked in 1990 on a tour of North America, Europe and Japan to persuade organizations, managers, employers and investors that mass production was out of date and should be chucked for something better. They formed a network of companies and individuals dedicated to lean production. Network members, whose stories form the basis of the book, gather annually to update procedures and refine theory. Showa Manufacturing, a Japanese maker of radiators and boilers, for instance, pulled itself out of an earnings slump by changing from mass-producing batches of standardized equipment to producing customized small lots. Heavily laden with details, this is for specialists who want to streamline. It makes few references to the larger, global economy. Author tour.
Copyright 1996 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.