Lean manufacturing, often simply referred to as “lean”, is a systematic method for the elimination of waste during the creative and production process. Lean encompasses every element of waste such as overburden and unevenness in workload. It seeks to work from the perspective of the end user who consumes a product or service ensuring the best value. “Value” is any action or process that a customer would be willing to pay for and anything which does not bring value is eliminated immediately.
Essentially, lean methodologies integral focus is on making obvious what adds value by reducing/removing everything else
Lean manufacturing is a management philosophy derived mostly from the Toyota Production Systemand identified as “lean” only in the 1990s. The steady growth of Toyota, from a small company to the world’s largest automaker, has focused attention on how it has achieved this success and what is means to be lean. As a reaction replication of this methodology has been adopted by some companies across every industry.
Simply put, being lean is about doing the things which that matter most for success.
Lean processes have achieved significant proliferation into the arena of entrepreneurship in recent years. Startups and elimination of waste have always been, and…