Lean Thinking : Banish Waste and Create Wealth in Your Corporation

Lean Thinking : Banish Waste and Create Wealth in Your Corporation

By: Womack, James P., T., Daniel Jones

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If The Machine That Changed the World is a description of the Toyota system in the industry of its origin, Lean Thinking is a generalization of the basic concepts so they can be applied to any company in any industry. The authors begin by summarizing the five inherent principles in any lean system: 1 correctly specify value so you are providing what the customer actually wants, 2 identify the value stream for each product family and remove the wasted steps that don't create value but do create muda (waste), 3 make the remaining value-creating flow continuously to drastically shorten throughput times, 4 allow customer to pull value from your rapid-response value streams as needed (rather than pushing products toward the customer on the basis of forecasts), and 5 never relax until you reach perfection, which is the delivery of pure value instantaneously with zero muda. (The first part of Lean Thinking devotes a chapter to each of these principles.) In the second part, the authors describe in detail how managers in a wide range of companies and industries - small, medium and large, North American, European and Japanese - transformed their business by applying the principles of lean th

Title: Lean Thinking : Banish Waste and Create Wealth in Your Corporation

Author Name: Womack, James P., T., Daniel Jones

Categories: Business,

Publisher: Productivity Press: September 1996

ISBN Number: 0684810352

ISBN Number 13: 9780684810355

Binding: Hardcover

Book Condition: Used - Very Good

Seller ID: 310622