Monthly Archives: September 2014

Adding Value: Recognizing Waste

This is Part 1 of a two-part post about how to identify value, and  its nemesis: waste.  If you want to jump ahead and find out how you can determine value, read Part 2. If #Lean can be defined as “the relentless elimination of waste in pursuit of perfection”, we must be able to distinguish between waste and what is not waste, i.e., value.  Waste (“muda“, in Japanese) is everything that does not add value.  These are activities, processes that just consume resources (people, time, Continue reading →