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Lean in brief Infograph
Lean is a systematic approach to identify and eliminate waste through continuous improvement of processes. The goal is to allow value to flow at a rate determined by customer demand. Lean thinking has helped many companies become the most profitable in their industries through outperforming competitors and stock market indices. Key aspects of lean include defining value from the customer perspective, standardizing processes, and pursuing ongoing kaizen (continuous improvement) to sustain gains over time through built-up effectiveness, rather than irregular improvements. Lean is not just a cost-cutting exercise but a way to do more value-added work through working smarter, not harder, with benefits extending beyond operations.
Lean in brief Infograph
- 1. What, Why &How? Lean is the pursuit of perfection via a systematic approach to identify and eliminate waste through continuous improvement of the Value Stream, enabling the product or information to flow at a rate determined by the pull of the customer WORLD FACTS COMMONALITY In 10 years period, No.1 car manufacturer worldwide Lean Thinking Lean Deployment TPS, HOS, ETC… ACRYNOMS Most profitable car company worldwide WASTE Outperformed S&P index by 100% in past 10 years ALL USE LEAN BASE APPROCH VALUE activities that do not add value TARGET workload that is not balanced DEFINE VALUE FROM UNDERSTANDING VOICE OF THE CUSTOMER work overload for the team members or processes BEWARE “The most dangerous kind of waste is the waste we do not recognize.” Shingo KAIZEN & STANDARDIZATION IMPROVEMENT Change for the better ongoing / continuity processes WITH SUSTAINING IMPROVEMENT BY K S S S K K K S K Sustained Progress !!! K K K K Slow Progress !!! TIME Traditional companies Effectiveness Effectiveness LEANISDIFFERENT Lean companies Time Time Irregular improvement drives Continuous improvement No structural standardization Structural standardization Causing effects decline Effects build on each other LEAN IS NOT WHAT SOME MAY THINK Lean is NOT the next headcount reduction exercise BUT: Lean creates opportunities for doing more value added activities Lean will not succeed if the initiative stays limited to “Operations” Lean is NOT about working harder, but working smarter