Waste Reduction: Lean Strategies for Maximizing Efficiency
Waste Reduction is a core principle of Lean methodologies aimed at minimizing non-value-adding activities in a process. By identifying and eliminating waste, organizations can increase productivity, reduce costs, and enhance customer value.
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What is Waste Reduction?
Waste Reduction involves identifying and eliminating wasteful activities that do not add value to the product or service. This Lean concept focuses on optimizing resources and processes to improve overall efficiency.
Types of Waste
Overproduction: Producing more than is needed.
Waiting: Idle time caused by delays.
Transportation: Unnecessary movement of products or materials.
Inventory: Excess stock that isn’t immediately needed.
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