What is lean management?

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What is lean management? 

Lean management (also known as lean production or lean manufacturing) is an approach to management that aims to reduce waste from every step of the process without sacrificing productivity or value. 

The important factors that drive improvement under a lean program are partnering with suppliers and managing customer demand. 

 

What are the 8 wastes? 

what-are-the-8-wastes-of-lean-management-mango

  1. Defects
  2. Overproduction
  3. Waiting
  4. Non-utilised talent
  5. Transportation
  6. Inventory
  7. Motion
  8. Extra processing

Benefits of lean management:

The benefits of implementing a lean management system will vary depending on your company, and how much you put into it, but some common benefits are:

  • Lean removes waste
  • Help in gaining satisfied customers by having streamlined processes
  • Increased efficiency
  • Reduced stress
  • Improved employee morale
  • Safer work environment

Lean Management tools: 

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