Best practices like just-in-time production, lean manufacturing and lean supply chain management have helped the world's premier automotive companies eliminate waste of all kinds: overproduction, waiting, unnecessary parts/product movements and processing, excess inventory, worker motions and defects.
Anyone in the business of manufacturing automobiles, trucks and automotive components back in the tumultuous years of 2008 and 2009 might be tempted to put their metaphorical transmission into neutral, reveling just a little bit in the success that surrounds an industry that is experiencing something akin to a rebirth. But as sweet as that might seem in the short term, there are significant challenges facing automotive suppliers despite the improving production outlook.