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 ...

he Toyota Production System, which was developed from the late 1940s through the mid-1970s by top Toyota executives to improve the company’s manufacturing processes, is now used by numerous companies ...

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 ...

If you’ve heard some buzz about Lean tools and principles, you’re not alone. Lean tools got their start in America as early as the 1900s, when Henry Ford used Lean methodology to create the Model T ...

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 ...

A lean business model is an approach to business development that focuses on creating value for the customer while minimizing waste within the organization. This model derives its core principles from ...

When developing lean strategies, you must first look to organizational success beyond your own company. What do the high performers in your industry have in common? What are they doing right? What’s ...

Krishna Valluru applies Lean to financial services: 50% faster processes, 25% cost savings, 30% error reduction via value ...