Lean Thinking: Reducing Waste Creates Wealth...
Lean is about focus, removing waste, and increasing customer value. Lean is about smooth process flows, doing only those activities that add customer value and eliminating activities that don’t.
Adding value is another way of saying “generating revenue”. If it doesn’t generate revenue then it must add cost, not value. Sounds easy, doesn’t it? After all, this is what we do every day…or is it? Let’s see…