- Lean is a business strategy based on satisfying the customer by delivering quality products and services that are just what the customer needs, when the customer needs them, in the amount required, at the right price, while using the minimum of materials, equipment, space, labor, and time.
- Lean practices enable an organization to reduce its development cycles, produce higher-quality products and services at lower costs, and use resources more efficiently.
- Lean Means: Doing more with less, less space,less time, less waste, less bureaucracy, shorter cycle times.
- Getting right in the first time
- Lean is a lot of things — it’s a philosophy; a set of principles; a management strategy; a methodology; a set of techniques, behaviors, tools, and even specialty software — all of which support this notion of reducing waste and delivering long-term customer value.Lean is often associated with other process improvement programs and
initiatives, And Lean, as a way of thinking and behaving, can be part of many initiatives:
The Toyota Production System
Total Quality Management (TQM)
Theory of Constraints (TOC)
Total Productive Maintenance (TPM)
Business Process Management (BPM)