Does anyone have experience implementing either quick response manufacturing or theory of constraints in a low-volume / high-mix or make-to-order manufacturing environment?
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Lead time reduction will reduce the working capital and make the operation more flexible to mix changes. Consider starting with a Value Stream Map to understand your current state. Where does flow stop? What % of your lead time is actually comprised of value-add activities?
Hope this helps. Happy to discuss more if you would like to connect.