Posted: December 1st, 2014
operation Managment
Lean thinking in Operations Management is based on five concepts which are
value / flow / pull / standardiation / kaizen.
The application of these five concepts to an organisation drives waste out of the production processes. There are eight types of waste recognised in this system which
are:- overproduction / waiting time / movement within plant / inventory / transport between plants / overprocessing / defective products / under used employee
creativity.
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