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PIP - Productivity Improvement Programmes Program ... - MPC

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48<br />

PRODUCTIVITY & INNOVATION ENHANCEMENT PROGRAMMES 2012<br />

<strong>PIP</strong> 120:<br />

PRACTICAL LEAN MANAGEMENT<br />

RATIONALE<br />

A lean transformation can enable operations to drive the overall<br />

business strategy, through the creation of many tangible business<br />

benefits. Quality may increase through improved process yields and<br />

reduce scrap and rectification costs. Cost improves through reduced<br />

conversion costs, improved cash flow, and higher return on assets.<br />

Delivery can improve through shortened production lead times which<br />

more flexible operations that can respond quickly to changes in<br />

customer demand.<br />

OBJECTIVES<br />

At the end of the programme, participants should be able to:<br />

• gain practical knowledge and hands-on experience in waste<br />

elimination and process streamlining for business benefits<br />

• engage with others in value stream mapping and plan kaizen using<br />

the Lean thinking, tools and cencepts at their work places.

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