What do you see as a waste in your organization: a product with defects, a bundle of waste papers, excess WIP, excess inventory, needless transportation? Yes, all these are examples of waste and often they account for nearly for 80% to 90% of the resources wasted in the organization.
In lean management, the wastes are defined as anything that does not add value to the end product e.g. Repairs carried out on a product during warranty, rework on a customer’s task, cost of excess inventories or other over heads.
Lean Management Philosophy has identified seven types of waste in business organizations
Most of these wastes are avoidable with a little effort, provided we see them as wastes. Every
waste shows an opportunity for improvement. Lean Management is about expanding capacity by reducing costs and shortening cycle times.
This course includes important concepts of Lean Management like Gemba Kaizen, 5-S, Muda, Mura, Muri, Poka yoke, Nemawashi, Jidoka, Pull Systems (JIT & Kanban), Heijunka and TPM.
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