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2. Speed and overall industrial performance
2.1 Financial health
Physical lead-time is defined as the time elapsed between the moment the material is received and the moment the product is delivered to the customer. During this lead-time, materials can be in different states: material stock, work-in-progress, product stock (figure 4 ).
This lead-time determines a fundamental financial quantity for the company: the working capital requirement (Figure
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Speed and overall industrial performance
Lean Management spirit
Bibliography
Software tools
• eVSM – Electronic Value Stream Mapping http://www.esvm.com
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Educational games
• Muda, le jeu du Lean – Publisher CIPE http://www.cipe.fr
Websites
• Lean Enterprise Project http://www.lean.enst.fr/wiki/bin/view/Lean/WebHome
• TV Operational Excellence http://www.excellence-operationnelle.tv/
Standards and norms
- Quality management systems – Basic principles and vocabulary - NF EN ISO 9000 - Octobre 2005
The Ultimate Scientific and Technical Reference
