I'm a supporter of Lean because I've actually seen companies make money doing it. (Can one say that about ISO?)
It''s not the program, it's the attitude. As mentioned in "The Toyota Way," the concept is to think of sales as fixed, and costs as a variable; that you can't control sales, but you can control costs. How many companies do you know that budget based upon next year's sales projections? I only wish government entities shared this attitude.
One company I interact with gave their union notice in Jan '06 that is was "change or perish" time. They implemented a lean program and by Sep '06 they were producing more with 60% of the employees.
The Madfox
A couple of Quick points on Lean.
1) By switching to just in time inventory you do temporarily increase cash flow by reducing inventory however if you are a small company with ineffcient equipment that increase in cash flow goes into improving capital equipment and improving maintenance costs.
2) Should you have unscheduled production down time for equipment failure or even the weather (St Louis loses power everytime it freezes) you have no recovery for customer scheduling.
3) One of the tenants of lean is that people should not lose their jobs do to increased effciency but this is not the case in corporate America. How many people were let go when you realized a 60% improvement. I know I was a vicitm of lean done wrong along with ten others.
4) Reduction of non-value added items such as inspection. While I agree it would be nice if all operators were skilled technicians that had pride in their work but in most shops that's Fantasy Land. In actuality people make mistakes and management hires temps. Without some form of double check system the time saved without inspection is made up on problem solving after the customer recieves defective product.
5) Here is one of my favorites in a lean system when a defect is found you are to stop production and resolve the problem. Since you are in a pull system you can only pull to the defective process creating a gap in deliveries. If this is a major problem such as a design flaw then your screwed. Without a quality system (ISO, QS, TQM or {insert abbreviation here}) forcing design control you are going to spend a lot of time explaining poor on-time delivery.
6) Like Quality Initiatives, Lean does not inrease your sales it only reduces your waste so you are saving money not making it.
Now I do like many of the key concepts of lean such as 5S, Quick change overs, Kiazen, Cellular Manufacturing, Kanaban boards and visual controls. Most of these concepts have been around for 50 years and giving them some fashionable name such as "Lean" does not make them perfect. In 5-10 years we will be investing our implementation and presentation skills on the next fad.