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Lean service management benefits a firm in many ways. The process initially has the main aim to minimize costs, by reducing wastes. This helps a firm, earn maximum profit, and allows it to expand its market since goods can be sold for cheaper. Lean also allows greater consumer interaction as it allows a firm to prioritize customer care. Thus, more customers ae also attracted to the company, and also recommend it to others. The quality of products also improves, due to which it can comply with international standards, and can thus be sold abroad too. The employees, also gain motivation, as their workload may reduce and things may be perfectly streamlined.
However, the process, may entirely not be advantageous. Lean and inventory regulation may lead to supply problems. Thus, a firm may not have sufficient supplies in the case of unexpected orders. The incorporation of this process, may also not be accepted by the employees, since working practices may change. This may create uncertainty and may affect quality too. Hiring a professional organization to regulate lean service management can be expensive. Thus, it is claimed that a firm ends up paying the service company, as much as it saves by reducing wastes.
The result and effects of lean, depends on the size of firm, its product/service and its employees. Thus, the success of its addition in a business, depends on how efficiently it is carried out and reviewed by the respective companies.
This thread was posted on October 23, 2019 at 5:51 AM ET by Lean For Humans.
|| 1 Reply | Last on 11/9/2019 at 8:52 AM ET|
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