Simply put, lean is the practice of creating more value with fewer resources. The concept is inspired by the Japanese management theory from Toyota, where lean concepts are designed to improve and ...
What does car manufacturer Toyota and Lucile Packard Children’s Hospital at Stanford University have in common? More than you might think. Hospitalists at the Palo Alto, Calif.-based children’s ...
Lean manufacturing seeks to make clear what adds value by reducing everything else. Lean is clearly not a fixed-point objective; accelerating global market competition demands operational flexibility ...
This course presents a brief history of Lean and an introduction to Lean concepts, such as the 5 Lean principles, defining value-added activities, the “8 forms of waste” and a Kaizen simulation. “The ...
Opinions expressed by Entrepreneur contributors are their own. Entrepreneurs are obsessed with productivity, and for good reason. Most startups work with small teams on short timelines, which means ...