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Friday, April 17, 2009

Lean Principle: Wait = Waste

There are many principles that we can learn from Lean way of thinking. This idea is mastered by Toyota. Many other manufacturing firms have been trying hard to replicate these principles to match Toyota's success.

Lean principles build on the philosophy of removing waste from the system by using various simplified processes. From manufacturing perspective, it is comparatively easier to see the waste such as carrying too much inventory.

From service perspective, it is comparatively difficult to see the waste. Hence, organizations struggle to effectively implement Lean principles in a service oriented business. One way to implement Lean principles for a service business is to look at avenues where people wait for other people/processes before they can proceed with their tasks. Hence, wait equals waste for a service business.

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