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When a manufacturer has excess inventory not adding value to the process, the inventory is hurting the company’s balance sheet, and is by definition wasteful.

I traveled to Toyota headquarters in Japan with Jeff Liker for a research project. We wanted to learn more about the engineering and collaboration that created the Toyota New Global Architecture (TNGA), the strategy and innovation behind hydrogen vehicles, and how they had adapted and improved their development system to meet the increasing demands of the ultra-competitive global auto industry.

Today, laser technology in manufacturing touches all of our lives on a daily basis; lasers cut air bag material and weld air bag detonators for our in-car safety; lasers weld the batteries in many of our mobile devices; lasers drill aero-engine components for planes; lasers cut the glass for our smart phones and tablets screens; lasers weld the drivetrains in our cars and trucks; lasers cut medical stents that increase and enhance our lives, just to name a few.

Many precision grinding machines on the market already offer their users near-perfect tolerances, leaving one to wonder: What’s next in grinding? But tool builders still have plenty of room to add valuable new improvements, machine shop owners say.

A recent effort by the Norton Advanced Applications Engineering Group demonstrates that for difficult-to-machine materials, grinding can be an economical alternative to other machining processes.

Solid-state laser technology has matured, leading to development of new, cost-effective welding applications, such as hybrid welding

Until the middle of 2010, first-tier subcontract machinist, JJ Churchill, could produce turbine blades only if they had their fir-tree root-forms preground elsewhere, or if they were subsequently added by another subcontractor. No longer is this the case.

Process improvement encompasses a wide range of tools, techniques and strategies. When properly deployed, shop-floor data collection and monitoring systems can help factory-floor managers leverage key data metrics including overall equipment effectiveness (OEE) and total effective equipment performance (TEEP) that measure machine uptime and pinpoint bottlenecks or other problems in order to improve machining performance.

If you have never heard the term Yokoten, prepare yourself. It has been added to the Lean Operations lexicon as an important activity. Yokoten is being used by lean firms to help them become leaner. Yokoten is a Japanese term that can be roughly translated as “across everywhere.”

Lean manufacturing principles and automation systems can coexist, although many lean purists contend that lean goals conflict with using automation. Smart applications of automation, however, can result in deployment of systems that are both automated and lean, with flexible manufacturing systems that can be easily reconfigured as factory operations change.