1.15.2014

Creating a Lean Product Portfolio

Chris Harris recently co-authored a book titled Capitalizing on Lean Production Systems to Win New Business: Creating a Lean and Profitable New Product Portfolio, which can help an organization take its current Lean knowledge and translate it into a step-by-step methodology to win and launch new business. I asked Chris: “Why is it necessary to plan for new products in the context of a Lean enterprise system?” Here’s his answer:

Production facilities that have had success implementing their Lean enterprise systems may have more to gain by utilizing their Lean thought process to quote and win new business; planning in a Lean context can take place before the new product ever hits the production floor. Common questions can now be answered in the context of a facilities’ current Lean enterprise system.

 For example, those in a Lean facility have likely gained an effective understanding of their machine capacity through the optimization of their equipment utilizing small batch production. They may have an efficiently run plan based upon the most efficient changeover sequence. If they do, when a new product comes about, they must investigate how that new product would fit into the sequence to effectively know how the new product will fit into their production system.

There are other issues to consider, such as:

• How will this new product flow through the current production system? A rough value stream map may help with this question.
• Where will the purchased parts be purchased, how much will they cost, and how much inventory is needed? The Plan For Every Part (PFEP) may help to determine location, cost, and delivery frequencies leading to an answer to this question.
• Will people need to be hired or will the current amount of labor be sufficient? Standardized work for the new product before it is ever produced may help with this question.
• How will the final assembly areas and work-in-process (WIP) areas receive their material for production and be scheduled for production in the current production system. Understanding the importance of a timed delivery route utilizing a tugger and how a new product fits into that route may help in answering this question.
• How will you ensure that the new product is launched successfully on time? Constructing a plan with a three-team approach to develop a new product acquisition and launch plan may help in this area.

These are certainly not all of the areas that must be considered when attempting to win new business, but they do offer some insight in to how a Lean enterprise system can systematically plan -- not only how to win new business, but how that new business will fit into their current system and be profitable! 

What do you think of Chris's ideas on creating a new product portfolio? How do you think an effectively running Lean system within an organization can help secure new business?

36 comments:

Home KG said...

The best thing about Lean production is that it produces goods/services effectively and spontaneously. Everything is measured before start working. Educational apps for ipad

essay said...

That really is a best and easiest way to create a lean product portfolio. Thank you for sharing this type of essay here.

Free Online Games said...
This comment has been removed by the author.
Obat herbal ambeien said...

I like it

essay writing service said...

Very much thanks again and best of luck!

devil jiang said...

The massive technology core that keeps Amazon running is entirely Linux-based replica handbags. As of 2005, Amazon has the world's three largest Linux databases, with a total capacity of hermes outlet 7.8 terabytes (TB), 18.5 TB and 24.7 TB respectively [ref]. The central Amazon data warehouse is made up of 28 Hewlett Packard servers, with four CPUs per node, running Oracle fendi outlet 9i database software.

Bai Na said...

Nice information, valuable and excellent design, as share good stuff with good ideas and concepts, lots of great information and inspiration.
friv 2
friv 10

crafts for kids said...

Great post, love this. friv handmade

friv said...

That's such an amazing post to share. I just love to read your post.
Friv
Friv games
Kizi 2

friv 2 said...

Great blog, all posts have something to learn. Your work is very good and i appreciate you and hopping for some more informative posts.

friv 2 said...

Studies show that green plants are good for workplaces where people perform creative tasks but bad where the work is more monotone.

friv 2 said...

Studies show that green plants are good for workplaces where people perform creative tasks but bad where the work is more monotone.

Z6 said...

I just wanted to let you know that what you do really affects peoples lives and that people - like me - truly appreciate it.

Flappy Bird 2 said...


Healthy environment, an individual's sense of happiness and overall stability. The goal is to create an equilibrium to allow the highest possible quality of life.
Flappy Bird 2

Friv said...

Your work is very good and i appreciate you and hopping for some more informative posts.

Didi games said...

The goal is to create an equilibrium to allow the highest possible quality of life.thank

girls go games said...

I would like to thank for the efforts you have made in writing this post.

Coach Factory said...

hollister, marc jacobs, nfl jerseys, abercrombie and fitch, north face jackets, lululemon, vans, giuseppe zanotti, yoga pants, timberland, birkin bag, ray ban pas cher, hermes, nike air max, hollister, beats by dre, ferragamo shoes, new balance shoes, air jordan, babyliss pro, mont blanc, mulberry, nike roshe run, mcm handbags, nike free, louis vuitton, michael kors, longchamp, air max, oakley pas cher, ralph lauren, wedding dresses, louis vuitton, ralph lauren, karen millen, hogan, instyler ionic styler, lancel, supra shoes, juicy couture outlet, louboutin, rolex watches, burberry, reebok outlet, nike free, converse shoes, juicy couture outlet, louis vuitton, montre pas cher, north face outlet

Coach Factory said...

hollister, marc jacobs, nfl jerseys, abercrombie and fitch, north face jackets, lululemon, vans, giuseppe zanotti, yoga pants, timberland, birkin bag, ray ban pas cher, hermes, nike air max, hollister, beats by dre, ferragamo shoes, new balance shoes, air jordan, babyliss pro, mont blanc, mulberry, nike roshe run, mcm handbags, nike free, louis vuitton, michael kors, longchamp, air max, oakley pas cher, ralph lauren, wedding dresses, louis vuitton, ralph lauren, karen millen, hogan, instyler ionic styler, lancel, supra shoes, juicy couture outlet, louboutin, rolex watches, burberry, reebok outlet, nike free, converse shoes, juicy couture outlet, louis vuitton, montre pas cher, north face outlet

y9 said...

I love to read this type of material Good and attractive information I take from it..Thank you for posting such a good article.

Y9 said...

thanks for share, i like it today

Friv 300 said...

thank you for always gives everyone the most useful things

Anonymous said...

I love you blog. Thanks
Kizi 2 ,
Kizi ,
Friv 2 ,
Yepi 2 ,
G9g ,

friv said...

What can not be stopped enthusiasts.

Girl Games said...

This is something special! never seen this before! thank you

Friv said...

This article is truely an useful thing for the readers.
friv network

Friv 20 said...

I love to read this type of material Good and attractive information I take from it..Thank you

y8 y8 said...

Your article is quite long and I was really impressed by its passion

yepi online said...

The article you have shared here very awesome. I really like and appreciated your work. I read deeply your article, the points you have mentioned in this article are useful. I must try to follow these points and also share others.

Friv 4 said...

Your work is very good and i appreciate you and hopping for some more informative posts.

aminos lahragui said...

Very awesome post , i am really impressed with it a lot

إعلانات مبوبة

مستعمل

Kizi 2 said...

I definitely enjoying every little bit of it I have you bookmarked to check out new stuff you post nice post, thanks for sharing.

Anonymous said...

First You got a great blog .I will be interested in more similar topics. i see you got really very useful topics , i will be always checking your blog thanks. Now i need to my blog, you can play, relax and fun with games at here
Friv 2
Friv 1
friv 2014
Kizi games
friv
friv games

Anonymous said...

I just want to say thanks for your wonderful post, it is contain a lot of knowledge and information that i needed right now. You really help me out my friend, thanks ! For more information about friv game, visit
juegos friv 11
emzi
friv 11
friv 6

Games2Win said...

I just added your site to my favorites. I really enjoy reading your posts. Thanks you very much!

Friv 3 said...

Thanks for posting this useful info. It really helped me