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The Modern Lean Enterprise

In: The Modern Lean Enterprise

Author

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  • Alexander Tsigkas

    (Democritus University of Thrace)

Abstract

Modern lean thinking and the term Modern Lean Enterprise are introduced in this chapter. In modern manufacturing, the customer becomes part of the value creation cycle, production becomes customer-driven, and the customer becomes a prosumer. Plato insists and argues it should be enforced by law that people should not ask about the price, but simply ask about the value of an object, underlining that value is an absolute quality incorporated into the object. Similarly, Aristotle in Politics states that value is the ability to satisfy needs/wants. This is totally compatible with the concept of modern lean thinking: when asking about value, the customer is given the opportunity to get involved in the process and therefore become a stakeholder in the delivery cycle of the product or service. The focus is on sustainably increasing profits, not just eliminating waste.

Suggested Citation

  • Alexander Tsigkas, 2022. "The Modern Lean Enterprise," Management for Professionals, in: The Modern Lean Enterprise, edition 2, chapter 1, pages 1-10, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-662-64476-8_1
    DOI: 10.1007/978-3-662-64476-8_1
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    Cited by:

    1. Othmane Benmoussa, 2022. "Improving Replenishment Flows Using Simulation Results: A Case Study," Logistics, MDPI, vol. 6(2), pages 1-26, May.

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