Lean Management Flashcards
What is Lean management?
a strategy that aims to improve efficiency/effectiveness by eliminating waste and improving quality
‘lean’ means no excess, businesses will carefully analyse the production process and remove any inefficiencies that wont add value to the product
What are the 7 wastes that Lean aims to eliminate? TIMWOOD
T Transportation I Inventory M Motion W Waiting Time O Over processing O Overproduction D Defects
Transportation LM
reducing unneeded movement of machinery and products in between processes
Inventory LM
minimising required storage
Motion LM
Decreasing unneeded movement of staff and products within the process
Motion LM
Decreasing unneeded movement of staff and products within the process
Waiting Time LM
removing any wasted/idle time between stages and processes
Overprocessing LM
Not adding unnecessary value to a product than customers are happy with
Overproduction LM
not making any more than is required or making it earlier than needed
Overproduction LM
not making any more than is required or making it earlier than needed
Defects LM
reducing errors that take time to fix