The document provides an introduction to Lean thinking. It discusses how Lean aims to eliminate waste from processes to deliver exactly what customers need, when they need it, in the desired quantity and quality, and at the lowest cost. It defines value-added, non-value added and necessary but non-value added activities. The five principles of Lean thinking are outlined as specifying and focusing on value, identifying the value stream, allowing value to flow without interruptions, letting the customer pull value, and continuously pursuing perfection. Benefits of Lean include reduced cycle times, elimination of waste, and improved resource utilization.
34. Introduction To Lean And Lean Thinking
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