Lean Production - GCSE Business Definition

Lean Production focuses on maximising efficiency and minimising waste in the production process. It involves carefully analysing each step of production to eliminate any activities that do not add value, thereby saving time and resources. Lean Production improves product quality, reduces costs, and enhances customer satisfaction. Key techniques include just-in-time production, where materials and products are received only as needed, and continuous improvement practices like Kaizen, which encourage ongoing small improvements. This approach is crucial for businesses looking to maintain competitiveness by operating more smoothly and responding swiftly to customer demands.