Comparatively assess the advantages and disadvantages of current project management methods and lean production delivery systems (LPDS).
Introduction
Lean product delivery system (LPDS) can be defined as the process of developing a product with high performance and low organizational risks while developing the product. The main advantage with LPDS is that the time to market the corresponding product is reduced a lot and even waste is optimized with this process. In general performance measurement of product delivery is required at any stage and this LPDS provides ample methodology to achieve the same to ensure a better quality, reduced cost time while developing the product. The level of metrics considered to measure the performance of product delivery plays a key role and thus in this context LPDS provides the required performance metrics. A key performance evaluation process across product delivery should include few aspects like dimension, objective, indicator, process and structure and all these are considered against the LPDS implementation. The concept of Lean product delivery was initially introduced in Toyota production system to estimate the product delivery followed and also improve the quality by reducing the wastage as well. Later the concept of LPDS was explored globally and became wide popular against the product delivery process and this concept can be viewed in two ways. The way focus on the pure organizational goals and targets where the second way purely concentrates on the tools and techniques that were required to achieve the goals. The main advantage with LPDS is to estimate and reduce the waste against production process. The main aim of this research is to evaluate the advantages and benefits of LPDS over the conventional product management systems and a detailed literature survey is as given below.