Lean Thinking for Competitive Advantage in the Era of Industry 4.0

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The Covid-19 pandemic has adversely affected the business across the globe. One of the hardest hit segments from Covid-19 is the manufacturing sector. The manufacturing companies are continuously striving hard to search strategies for survival and growth in such a challenging business environment. Lean Thinking has proved to be a useful strategy for gaining Competitive Advantage in the era of industry 4.0. The need of the hour is to identify and eliminate the waste in existing business practices, introduce employee safety measures along with best hygiene and sanitization practices at workplace; revisit their sourcing strategies, review their crisis or emergency response plans, optimise and streamline e-commerce and distribution networks, evaluate supply chain strategy and make it more resilient, etc
However, the role of Lean Thinking in Manufacturing sector / service sector is still not well understood by the practitioners. 

This programme aims to understand the philosophy of Lean Thinking and its implementation for gaining Competitive Advantage in the era of industry 4.0 to professionals working in manufacturing firms so as to help them in making more effective operational as well as strategic decisions for their supply chains in post Covid-19 era. 

The following topics will be covered as a part of the programme:
•    Competitive Advantage: Better, Cheaper, Faster, More Agile
•    Impact of Covid-19 pandemic on manufacturing sector
•    Fundamentals of Lean Thinking and industry 4.0
•    Push-Pull Production Systems
•    Continuous improvement, waste elimination, customer focussed quality
•    Value Stream Mapping
•    Tools and Techniques of Lean Production (JIT, 5S, SMED, etc)
•    Case studies on Lean Production for Competitive Advantage


Junior level, Mid-level business executives from manufacturing / service industry.

Course Details

Venue Offline
Duration 18 Hrs
Starts On Apr 15, 2024
Faculty Prof. Balkrishna Narkhede / Prof. Milind Akarte

Fees Details

Duration Professional Fee*(Per participant) GST(18%) Total Fees(Per Participant) Programme Code
18 Hrs 10,500.00 1,890.00 12,390.00 1 24 4 46
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