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The Lean Strategies Benchmark Report

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Article: Manufacturing Excellence

Lean has become the mantra for making manufacturing competitive in many industrial and consumer-oriented markets from aerospace to automotive to consumer durables. All of these markets are under intense global competitive pressure with customers demanding more price and service concessions than ever. Aberdeen's Lean Strategies Benchmark Report finds that the top five market factors for adopting Lean strategies all point to manufacturers using Lean programs to help boost profit in the face of price concession and increased customer service demands. Those manufacturers that fully embrace Lean programs and stick to the journey reap the rewards; the number of best-in-class performers triples when Lean programs extend beyond two years. However, a Lean program is about change and the associated risk. Despite Lean's publicized successes, many manufacturers are still finding themselves adopting it slowly because they have not been able to quantify and track the business value delivered via Lean initiatives.

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Article: Manufacturing Excellence