Abstract
Lean management can be utilized to grow small business by focusing on continuous improvement. Lean management and the tools associated with it will improve the efficiency of any business and that will lead to improved sales and overall growth. This innovative idea has become a significant form of performing every action as efficiently as possible in order to increase production and reduce waste throughout the world in many different types of industries. Lean management is synonymous with continuous improvement. This is the idea that no process can ever be entirely perfected so there is always room for improvement. By focusing on continuous improvement, any business, whether it is a large manufacturing company or a small retail shop, should be able to reduce waste and improve perpetually. This paper will discuss the tools that are associated with a well-designed Lean management program. Some of the more effective tools are “5S”, the Deming Wheel (PDCA), Root Cause Analysis, and Value Stream Mapping. These are just a few of the tools that can be used to promote continuous improvement.
Year Manuscript Completed
Spring 2020
Senior Project Advisor
Dr. Tricia Jordan
Degree Awarded
Bachelor of Integrated Studies Degree
Field of Study
Commerce & Leadership
Document Type
Thesis
Recommended Citation
Acree, Jason, "Lean Management for Small Business" (2020). Integrated Studies. 259.
https://digitalcommons.murraystate.edu/bis437/259