How wasteful are your processes?
The 8 wastes of lean refer to eight types of waste that can occur in a process. These wastes were first identified in the manufacturing industry but are now used in a variety of industries and contexts. The 8 wastes are defects, overproduction, waiting, non-utilized talent, transportation, inventory, motion, and extra processing.
The importance of understanding the 8 wastes of lean lies in their ability to help organizations identify inefficiencies in their processes. By identifying the types of waste that occur, businesses can develop strategies to reduce or eliminate them. This can lead to cost savings, improved productivity, and higher-quality products or services.
Moreover, the 8 wastes of lean are important because they provide a framework for continuous improvement. By constantly monitoring processes and looking for areas of waste, organizations can continually improve their efficiency and effectiveness. This can lead to a more competitive business that is better able to meet the needs of its customers and stakeholders.
