How to Measure the Success of Lean Implementation?
The success of lean implementation can be measured through various key performance indicators (KPIs) such as:
1. Reduced Lead Times: Shorter cycle times for delivering products or services. 2. Lower Costs: Decrease in operational costs due to reduced waste. 3. Improved Quality: Higher quality products or services with fewer defects. 4. Increased Customer Satisfaction: Better customer feedback and loyalty. 5. Employee Engagement: Higher levels of employee involvement and morale.