Global production tendencies – Lean manufacturing philosophy

Abstract

The growing market globalization, global competition, and complex products results in application of new production processes and methods. Optimization of supply chains results new concepts of value chains. In a competitive market the manufacturing companies have to produce cost effective products which can be realized by minimized production cost and higher effectiveness. These goals can be achieved by the application of Lean manufacturing philosophy. There are lots of Lean methods and tools which can result the improvement of the production line performance. The paper shows global production tendencies, novel supply chain paradigms and summarizes the advantages of application of Lean philosophy.