EconPapers    
Economics at your fingertips  
 

Lean for Industry 4.0

Alexander Tsigkas ()
Additional contact information
Alexander Tsigkas: Democritus University of Thrace

Chapter 9 in The Modern Lean Enterprise, 2022, pp 275-281 from Springer

Abstract: Abstract Ever since engineer Taiichi Ohno designed the famous Toyota Production System, a great deal of time has elapsed for Europe, much later than Japan and the USA, to discover that there is something to gain if similar techniques were implemented in European industry. Under the pressure of competition, companies are seeking ways to reduce operation costs in order to stay alive in a continuously globalised and competitive economy. The Lean approach has been adopted slowly but steadily by an increasing number of companies in Europe, nowadays at an accelerating pace, although some time ago many companies, some of which no longer exist, rejected the Lean approach as an approach that does not fit European culture. What has changed today for companies to, despite cultural differences, embrace the Lean way?

Keywords: Lean production; Industry 4.0; Modern lean enterprise; Waste elimination is not synonymous with value creation (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-662-64476-8_9

Ordering information: This item can be ordered from
http://www.springer.com/9783662644768

DOI: 10.1007/978-3-662-64476-8_9

Access Statistics for this chapter

More chapters in Management for Professionals from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-04-01
Handle: RePEc:spr:mgmchp:978-3-662-64476-8_9