The 8 Forms of Lean Waste, Applied to Business: Inventory
In manufacturing, “lean manufacturing” or simply “lean” has become a dominant management philosophy, deciding much of how the manufacturing component of the supply chain is handled to maximize efficiency of resources. Lean focuses on minimizing waste by identifying activities that add value and separating them from those that don’t, emphasizing the elimination of those that don’t. Due to lean’s success in the manufacturing industry, managers in other industries began