Enhancing Lean Practices:— Lean Adoption in the Industrial Machinery and Components Industry

With pressure mounting to improve operational performance while meeting escalating customer requirements, companies across all industries are adopting Lean techniques in manufacturing plants and Lean strategies in executive suites around the globe. While 66% of IM&C (industrial machinery and components) companies are relatively new adopters of Lean, with initiatives less than three years old, those companies with a best in class approach to Lean deployment are already reaping the benefits. While many IM&C companies have already secured top management approval for Lean, the companies who identify and measure critical performance frequently are the ones positioned for success.