Ford to Reduce Overproduction
It's sad to see factories shut down, temporarily or permanently, but it's sad that Ford can't sell enough vehicles to merit the production. Boring products (ala Ford Five Hundred) and lack of pickup/SUV sales are leading to this. “Overproduction” is one of the types of waste, as defined by Toyota.
“Mark Fields, Ford's president of the Americas, said the plan reflects the need ‘to match production and inventories with consumer demand.'”
So many times, we focus on “lean manufacturing”, but we really should focus on “lean enterprise” or the health of the entire business. What good would a lean factory be if you had no customer demand??
What do you think? Scroll down to comment or share your thoughts and the post on social media. Don't want to miss a post or podcast? Subscribe to get notified about posts via email daily or weekly.
- Jody Crane, MD: Lean in Emergency Medicine and Hospitals; 3 Big Issues Causing Tough Times in Healthcare - February 1, 2023
- Alternative History: GM Uses Lean to Remain #1 in the Auto Industry - January 31, 2023
- Fall in Love with the Problem, not the Solution: In Entrepreneurship and Continuous Improvement - January 29, 2023