LEAN MANUFACTURING – TIM WOOD

• Why Seven Wastes ?

• These are the activities within your company that do not add value and cost you money. Surprisingly we usually spend less than 5% of our time actually doing something in our working day that actually adds any value for the customer, everything else can be classified as waste.

• If you can identify the waste when you see it, you then have a chance to work on it to either reduce it or to eliminate it altogether.

• These wastes were originally classified by Toyota within their Toyota Production System (TPS) before it became known as lean manufacturing here in the west.

TIMWOOD 7 Seven Wastes Waste reduction is a major part of lean manufacturing; the benefits of lean manufacturing are huge, it can help reduce your costs significantly adding to your profit. As well as these monetary gains it also helps you to reduce your lead times and service your customer much better. Reducing the seven wastes as part of a waste prevention program will add a huge percentage to your bottom line. However care should be taken to ensure that you do not make the elimination of the 7 wastes the only focus of your lean implementation. Any lean implementation should follow the principles of lean which will cause the elimination or reduction in waste that you are seeking.

Waste reduction is a major part of Lean Manufacturing: The benefits of Lean Manufacturing are huge, it can help reduce your costs significantly adding to your profit. As well as these monetary gains it also helps you to reduce your lead times and service your customer much better. Reducing the seven wastes as part of a waste prevention program will add a huge percentage to your bottom line. However care should be taken to ensure that you do not make the elimination of the 7 wastes the only focus of your lean implementation. Any lean implementation should follow the principles of lean which will cause the elimination or reduction in waste that you are seeking.

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