LEAN
Lean is an operating philosophy that originally derived
from the Toyota Production System. It focuses on
shortening the time that elapses between a customer’s
order and the shipment of the product or the provision of
the service that fills the order.
Lean accomplishes this by eliminating waste from
processes, with waste being defined as anything that is
not necessary to produce the product or service. Lean
helps organizations reduce both costs and cycle time,
resulting in a more agile and market-responsive company.