Evaluate the benefits of lean production to a business and its stakeholders?
The lean production technique does not only benefits on the production but also gain the efficiency and quality as well. It also help to create social and environment benefits. For example of social benefit is employment. When building the new factory Nestle almost sourced the materials and labour form the local ares of the site. As same as, the worker were drawn from the local workforce too. So, they had improve the local economy. And the example of environmental benefit is an innovative heat recovery system to reduce waste. This system transfers heat from the bottling lines to the warehouse and offices, it can reduce the total energy of the site. For the stakeholders, the lean production able to reduce the processing cost ,thus this technique can lead to better returns to stakeholders as any finance invested is yielding a direct return.