'Lean' simply means a systematic approach to identifying all types of waste and optimum utilization of available resources, continuous improvement, ensuring smooth flow of the product in the supply and manufacturing chain and meeting customers demand. In short, 'Lean'
is about "doing more with less"
– less inventory, less time, less space, less movement, less man hours and with less money.This made Mr. D K Srivastava
, Executive Director, QCFI to evolve a new concept – Lean Quality Circle (LQC)
and presented in the Board Meeting held March, 2010. There will not be any fixed regular formal meetings "Failure to utilize employees' potential in creativity and through this, lot of value addition will take place to the projects through problem solving / improvement projects, thus meeting the overall objectives / goals of the company.. More