GrowthHackingIdea - The 7 forms of waste by Toyota

Efficient manufacturers, such as Toyota, are obsessed with maximizing flow. In order to find out what to optimize next, try to scan any process in your company through a lens of the “Toyota's 7 forms of waste”:

1. Defects

2. Overproduction of things not demanded by actual customers

3. Inventories awaiting further processing or consumption

4. Unnecessary over-processing (for example, relying on inspections rather than designing the process to eliminate problems)

5. Unnecessary motion of employees

6. Unnecessary transport and handling of goods

7. Waiting for an upstream process to deliver, or for a machine to finish processing, or for a supporting function to be completed, or for an interrupted worker to get back to work.

Source: medium.com


Cheers,
Charlie Patel ;)



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