Close integration of the whole
value
chain from raw material to finished product through
partnership
oriented relations with
suppliers and distributors.
Just-in-time
processing: a part moves to a production operation, is processed
immediately, and moves immediately to the next operation.
Short order-to-ship cycles times; small batch
production capability that is synchronized to shipping schedules.
Production is based on orders rather than
forecasts; production planning is driven by customer demand or "pull"
and not to suit machine loading or inflexible work flows on the shop
floor.
Minimal inventories at each stage of the
production process.
Quick changeovers of machines and equipment
allow different products to be produced with one-piece flow in small
batches