Executive Summary1 The full article describes how Buckman, a U.S.-based chemical manufacturer, redefined itself and its IT organization using “value” as the focal point for analysis. Buckman’s Value Stream Initiative (VSI) used a microlevel, individual view of value as assessed by customers. The VSI project carried out a comprehensive and detailed micro review of the value of all key processes....

Lean software development is the result of adapting lean principles from the manufacturing context to the software development domain. Recently, the various applications of lean software development have been studied but more empirical evidence is needed, especially from the practitioners’ point of view. Firstly, this thesis provides answers for the understanding of lean software development fr...

Continuous increase in oil pricing is not only causing difficulties to consumer but the imbalance in demand and supply is impacting the producer and refineries also. Consumer may adjust the demand dynamically as per the price fluctuation but oil major cannot change the production so dynamically. The recommended solution is the latest technology which could optimize the production, meeting the i...

Experience Management (EM) is a special form of Knowledge Management that deals with task-based knowledge. This thesis provides a framework for assistant systems that support human beings in EM tasks. It deals not only with technical issues (how to collect, structure, store, retrieve, and reuse experiential knowledge), but als with organizational issues (how to evaluate and maintain it) and psy...

This article serves as a resource to factory home builders seeking to use lean thinking to slash waste from their production operations. Lean refers both to a general way of thinking and to specific practices that emphasize using less of everything (time, money, materials, and so forth) to satisfy the customer by delivering the highest quality product at the lowest cost in the shortest time. Wh...

The article reveals the requirements for entry of world economy into fourth industrial revolution and Industry 4.0 to competence personnel. promises new digital solutions optimize entire flow value creation in production systems. Existing systems are often based on a philosophy continuous improvement lean management. increasing digitalisation processes is placing demands employee competence. di...

To systematically create and share product development knowledge creates challenges for engineering companies. This paper presents an extensive study regarding the process of identifying such challenges in managing product development knowledge from the perspective of designers and engineers. This research is part of the LeanPPD, a project funded by the EU-PF7 (www.leanppd.eu), to address the n...

At present scenario, Lean Manufacturing has become a world wide phenomenon. It is quite successful in drawing the attention of companies of all sizes. A large number of organizations are following Lean technologies and experiencing vast improvements in quality, production, customer service, and profitability. Lean Manufacturing is a systematic approach to identifying and eliminating waste throu...