Understanding TIMWOODS:
The 8 Wastes of Lean
Discover the 8 wastes that hinder organizational efficiency and productivity in Lean processes.
1.
Transportation Waste
Reduce time and resources wasted on unnecessary movement of goods and materials.
2.
Inventory Waste
Optimize inventory levels to minimize waste and improve cash flow.
3.
Motion Waste
Streamline processes to eliminate unnecessary physical movements that contribute to waste.
4.
Waiting Waste
Identify bottlenecks and reduce waiting time in processes for improved efficiency.
5.
Overproduction Waste
Avoid producing more than what is needed to prevent excess inventory and waste.
6.
Overprocessing Waste
Simplify processes and eliminate unnecessary steps to reduce waste and improve productivity.
7.
Defects Waste
Implement quality control measures to minimize defects and rework, leading to waste reduction.
8.
Skills Waste
Invest in continuous training and development to optimize employee skills and reduce waste.