SM4: Waste/Muda Reduction

Eight Types of Waste

The well-known Toyota car company identified seven types of waste that had an impact on Productivity and Profit. An eighth has been added more recently. By gradually reducing these wastes, you can improve the Productivity and Profit of your business. In Japanese, this is referred to as reducing “muda” (pronounced Moo-da).

In any business that has been operating for a reasonable length of time, various inefficiencies and wasteful activities will have crept into the system.
Throughout 12Faces, we speak often of optimising your business to maximise its profitability. Clearly, waste is less than optimal. Spending time on identifying and reducing waste is spending time on identifying areas for improving your Profit and therefore thoroughly worthwhile.

Subscribe to this if you are working on making you business operate more efficiently, therefore more Profitable.

SM4.4 How to Reduce Waste in Offices and Service Industries

Most improvement is an incremental process. "Kaizen" is a Japanese word for incremental improvement. Most people think of the removal of waste occurring only on the factory floor. Waste can also occur in Office Operations; administration, human resources, sales & marketing. Experts report that Office Operations waste is at a higher level...

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SM4.3 Prioritising Waste Removal

Any waste removal project will identify literally hundreds of instances of waste. There is a serious risk that such a vast quantity of information will overwhelm the business operator’s ability to manage it in the best interests of the business. We need to discuss ways to identify the most important wastes...

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SM4.1 Eight Types of Waste

The well-known Toyota car company identified seven types of waste that had an impact on Productivity and Profit.  An eighth has been added more recently.  By gradually reducing these wastes, you can improve the Productivity and Profit of your business.  In Japanese, this is referred to as reducing "muda" (pronounced Moo-da).  This article discusses how these types...

Read more...