Lean Thinking—Banish Waste and Create Wealth in your Corporation

@article{Womack1996LeanTW,
  title={Lean Thinking—Banish Waste and Create Wealth in your Corporation},
  author={James P. Womack and Daniel T. Jones},
  journal={Journal of the Operational Research Society},
  year={1996},
  volume={48},
  pages={1148}
}
  • J. Womack, Daniel T. Jones
  • Published 1996
  • Business, Computer Science, Engineering
  • Journal of the Operational Research Society
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… 
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