Lean Thinking
Banish Waste and Create Wealth in Your Corporation
Summary:
The book introduces the principles of lean manufacturing, a systematic approach to streamlining production by eliminating waste and improving efficiency. It provides case studies and practical strategies for companies to maximize value and minimize waste, ultimately increasing their profitability and competitiveness.
Key points:
1. Value: The book stresses understanding customer's willingness to pay and delivering that. Anything not adding value is waste and should be removed.
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