Yuchai's shares implement lean manufacturing and seek competitiveness
On October 18, 2011, after more than three months of preparation, Yuchai Corporation’s lean manufacturing project was officially launched, aiming to establish Yuchai as “the most competitive professional power supplier in the world†by implementing lean manufacturing. In the product, market, marketing, service, cost and other aspects with a strong comprehensive professional power companies.
Lean manufacturing is an advanced production management method in the world, in which lean production is to create value for customers in the least possible time with the least possible resources and producing the least necessary units. With the rapid response to market changes, the same production line can produce different products, timely supply and other characteristics. Wu Qiwei, general manager of Yuchai’s stock company, believes that Yuchai still has a big gap between management and products in comparison with advanced companies with international backgrounds. It must implement lean manufacturing and improve product quality in order to be able to compete with them. The implementation of lean manufacturing is the key to Yuchai’s response to fierce competition in the future and the goal of leapfrogging from 500,000 units to over 1 million units in the new round of five-year planning.
Wu Qiwei said that in order to achieve sustainable development, we must establish an operating system that can sustainably develop. Lean manufacturing is one of the ways to create Yuchai's lean operating system. In the process of lean manufacturing, Yuchai will adopt different control methods and measures for different market segments and products to maximize the scale effect, reduce waste, and enable each market segment to create benefits. . In the future, on the basis of the solid operation of the lean manufacturing system, Yuchai will have to extend to both ends, ie implement lean design and lean marketing.
The joint stock company has made great determination to promote lean manufacturing. Wu Qiwei said that in order to promote lean manufacturing, “I have pushed myself to the edge of the cliff and there is no way out.†Wu Qiwei demanded that we should dare to face up to the problems and gaps, and the joint-stock companies should play the role of the group's leading enterprises and establish other companies for the group. A good benchmark has driven the overall management level of the group. Lean manufacturing is an all-in-one activity. He hopes that every employee will participate in the lean manufacturing activities, form top-down, bottom-up, and form a strong joint effort to achieve the goal of lean manufacturing.
To successfully implement lean manufacturing projects, Yuchai hired a consulting agency. The consulting agency will provide consulting support for the implementation of the Yuchai lean manufacturing project, and will use the relevant tools to train talent for Yuchai during the event.
In order to promote the implementation of the project, the project set up an implementation team. The first phase of the project identified eight research projects involving engine production capacity improvement, processing efficiency improvement, logistics distribution improvement, operation standardization, and reduction of equipment failure rate.
At the project launch conference, Wu Qiwei and the project leader signed a statement of responsibility. All project team members jointly pledged to strictly implement the project work arrangements and strive to achieve the project objectives.
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