Lean and Agile Kaizen Case Study in a toffee making company Problem: A multi-national chocolate-toffee making company wanted to reduce product price in order to overcome market competition and gain market share. They had short-listed 40 products for the price drop. Can this be accomplished quickly, without major changes to production process? Due Diligence: A due diligence audit and value stream mapping was done for the 40 products with regards 4Ms- Man (woman), Method, Material, Machine. Solution: Lean and Agile Kaizen methodology were employed. Improvement strategies included- process excellence for procurement, vendor relationship management and operations management processes, testing, packaging and supply chain logistics processes. Alongside improvement, product differentiation features were built into the products. Result Dashboard:
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Keywords and Tags:
#ContinuousImprovement #Innovation #Lean #Agile #Kaizen