"Lean Thinking" and the 5 Principles of Lean: Value, Value Streams, Flow, Pull, Perfection
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"Lean Thinking" and the 5 Principles of Lean: Value, Value Streams, Flow, Pull, Perfection
Lean Thinking lays out the five Lean manufacturing principles: 1. Value: This is what determines what the customer will pay. 2. Value Streams: This is the product’s entire life-cycle. 3. Flow: This is about creating a value chain with no interruption. 4. Pull: This approach dictates that nothing is made until the customer orders it. 5 ...
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