Friday, January 3, 2014

Lean Thinking: Banish Waste and Create Wealth in Your Corporation, Revised and Updated

Lean Thinking: Banish Waste and Create Wealth in Your Corporation, Revised and Updated

The authors begin by summarizing the five inherent principles in any lean system: Correctly specify value so you are providing what the customer actually wants Identify the value stream for each product family and remove the wasted steps that don't create value but do create muda (waste) Make the remaining value-creating steps flow continuously to drastically shorten throughput timesAllow the customer to pull value from your rapid-response value streams as needed (rather than pushing products to







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