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TWO INTERNATIONALLY RENOWNED management theorists show how to apply lean concepts to entire value streams — the complex sequences of human actions required to bring product from initial concept to actual availability in the market, from customer order to delivery and from raw materials into the hands of the customers. These streams flow across many companies and through many departments, functional groups and facilities within each firm, so an entirely new way of thinking and managing is needed to maximize value creation while banishing waste.
This book outlines fives simple principles to guide managers every day in the fight against waste:
The authors provide examples of firms in the U.S., Germany and Japan that have made a "lean leap" by energetically applying lean thinking. The principles can be applied with striking results by any business of any size anywhere in the world.
First published in 1996
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