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Eliminate waste and optimize efficiency from "summary" of The Lean Mindset by Mary B. Poppendieck,Thomas David Poppendieck

The fundamental principle of Lean Thinking is to eliminate waste and optimize efficiency. Waste is anything that does not add value to the customer. It includes overproduction, waiting, transportation, extra processing, inventory, motion, and defects. By identifying and eliminating waste, organizations can streamline their processes, reduce costs, and improve overall efficiency. To eliminate waste, organizations must focus on creating value for the customer and removing anything that does not contribute to that value. This requires a deep understanding of customer needs and preferences, as well as a commitment to continuous improvement. By constantly seeking ways to improve processes and eliminate waste, organizations can become more agile, responsive, and competitive in the market. Optimizing efficiency involves maximizing the use of resources, reducing cycle times, and improving overall productivity. It requires a systematic approach to problem-solving, data-driv...
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    The Lean Mindset

    Mary B. Poppendieck

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