Advantages and disadvantages of lean manufacturing


Problem:

The CFO thought it might be of benefit to the entire senior staff, for you to share your thoughts on the pros and cons of lean manufacturing, as well as how the firm's existing MRP system may help or hinder moving to this kind of manufacturing methodology.
At the next weekly managers' meeting, he asked you to explain the following:

How do lean manufacturing and pull versus push systems differ from traditional manufacturing? What are the advantages and disadvantages of lean manufacturing?

What concerns will you have if the company tries to move toward this new kind of manufacturing? Specifically, how may the existing MRP system help or hinder that effort?

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Other Management: Advantages and disadvantages of lean manufacturing
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