Lean delivers benefits on many levels, from financial benefits and improved quality to increased customer and employee satisfaction. This video explains a few of the benefits of LEAN.
All businesses have processes whether it’s processing a credit card payment, allocating seats on a plane, updating employee information or setting a social media budget, all organizations engage in activities, or processes, to deliver a product and get things done.
The evolution of Quality Management to modern interpretations such as Lean and Six Sigma, has led to the development of essential processes that have been key to business performance across every sector.
A key concept in Lean is 'waste', which can be defined as anything that doesn't add value to the customer. This video explains the 8 different types of waste in LEAN.