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One of the major parts of driving your industry forward is being able to identify and tackle waste. To improve the profitability of the business, waste elimination is one of the effective ways. The concept of “Muda” 7 waste originated in Japan, in Japanese language Muda means Waste. The 7 waste is an instrument to further group “Muda” and was initially developed by Toyota Chief Taiichi Ohno as the core Toyota Production System, also famous as lean manufacturing. Lean manufacturing is an approach that focuses on reducing waste within manufacturing systems while simultaneously maximizing productivity. Today, corporate PowerPoint presentation also focused on the improvement of profitability through minimizing industry waste. Lean manufacturing is grounded on a number of definite principles, such as Kaizen, or continuous improvement. To minimize waste, it is important to understand exactly what waste is and where it exists. Though products considerably differ bet...
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