Fitting Automation into a Lean Environment

Phelan Jr., John T.
July 2011
Material Handling & Logistics;Jul2011, Vol. 66 Issue 7, p23
The article offers tips on how to fit automation on lean environment in the U.S. To achieve cost savings, it is suggested that companies should automate materials handling and should not be afraid to invest in buying new machineries and equipment in shifting to automated process. Formulas in computing net present value or internal rate of return are also presented.


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