Course Description

Course CodeCourse NameCreditsHours
3706073 Lean Strategy 3.0 3
Description In this course, we first cover the linkages between competitive advantages and production systems, competitive advantages and business models. Topics include mass customization, competitive advantage stages, developing competitive capability and maximize customer value. Then, the course will explore the approaches and issues of realizing lean enterprise based on lean thinking. Topics included are the basic steps to become lean and the framework of lean thinking. The basic steps to become lean are wastes removing, smoothing, pull and perfection. The framework of lean thinking is often depicted as the 4P model: philosophy, processes, partnership, and problem solving. Basic tools such as value stream mapping will be introduced.