“If we reduce batch sizes by half, we also reduce by half the time it will take to process a batch. That means we reduce queue and wait by half as well. Reduce those by half, and we reduce by about half the total time parts spend in the plant. Reduce the time parts spend in the plant and our total lead time condenses. And with faster turn-around on orders, customers get their orders faster.”
Quote by Eliyahu M. Goldratt
Work
The Goal: A Process of Ongoing Improvement
The book presents a fictional story of a plant manager facing production challenges. Through the protagonist's journey, it demonstrates how to apply Lean principles to streamline operations and achieve efficiency. It is widely regarded as an accessible introduction to Lean thinking and process improvement strategies. more
Author
Eliyahu M. Goldratt
Eliyahu M. Goldratt was a renowned physicist, born on March 31, 1947, and passed away on June 11, 2011. He made significant contributions to the field of physics, particularly in quantum field theory and particle physics. more
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