![]() |
Lean process definitionQuestion What is the “Lean” concept and how can I use the principles to improve profits?
Answer The Lean process is a management philosophy focusing on reduction of seven common wastes to improve overall value, as seen through the eyes of the customer. The elimination of waste and bottle-necks greatly increases productivity, reduces costs and improves profits.
Evolving first in Japanese manufacturing, the Lean process has been translated into a wide range of industries, including services. The seven wastes are : - Transportation - Inventory - Motion - Waiting time - Over-production - Processing itself - Defective product (Scrap in manufacturing or any type of business)
Brain Trust contributor:
Author of Instant Profits: Making Your Business Pay
Related Categories: Accounting, Finance, Taxes, Customer Care, Management, Organization, Quality Process, Team Building, Technology, Training And Education
© 2007, Small Business Network, Inc., All Rights Reserved.
Subject to the Terms of Use of AskJim.biz |
AskJim ID: 2010
|






