Lean is a systematic approach to identifying and eliminating waste, centered on making obvious what adds value by reducing everything else. For many, lean is the set of tools that assist in the identification and steady elimination of waste. As waste is eliminated quality improves while production time and cost are reduced.
Lean principles have proven not only to be universal, but to be universally successful at improving results. Lean thinking looks at the value chain and asks:
How can things be structured so that the enterprise does nothing but add value, and does that as rapidly as possible? All the intermediate steps and intermediate time is eliminated. All that’s left are the time, the people and the activities that add value for the customer.
Lean aims to make the work simple enough to understand, do and manage. Some of the Lean goals are:
- Improve quality: A company must understand its customers’ wants and needs and design processes to meet their expectations and requirements
- Eliminate waste: Waste is any activity that consumes time, resources, or space but does not add any value to the product or service
- Reduce time: Reducing the time it takes to finish an activity
- Reduce total costs: To minimize cost, a company must produce only to customer demand
This Introduction to Lean video is 21:40m in length and explains the concepts in an easy to understand format. The objective is to give viewers an overall look at Lean concepts and increase awareness of it’s potential and real-world applications.
The Introduction to Lean video is designed for business professionals who are interested in learning or teaching process improvement techniques in their workplace.