We’ve spoken a bit about continuous improvement on our blog, but we haven’t yet talked about WHY exactly it is important for manufacturers, and how exactly you can apply it to your business.
As a brief reminder, continuous improvement is the process of constantly making your business run more efficiently, with better effectiveness and producing better quality. On the most basic level, it is a series of small changes to improve your business, with the belief that building on all of these small changes will make a great bettering of your business. It is perhaps best stated by Edward Deming, as “the need to improve constantly and forever the system of production and service to improve quality and productivity and thus constantly decrease costs.”
This process is important for manufacturers, especially in our economic time, because it can help us to cut costs, to produce higher quality products at a faster rate, to reduce the amount of waste and deficient products we produce, and to remain competitive with other companies (both on a national and global stage).
Sounds like a great thing, doesn’t it? And there are many different ways in which you can apply continuous improvement in manufacturing, some of which are very successful and have become very popular. These include Kaizen, Just-in-Time and Lean manufacturing.
How are you applying continuous improvement in your business?