Lean Thinking, 1st ed. by James Womack

Lean Thinking, 1st ed. by James Womack

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Summary

The authors claim to show how lean thinking with a new definition of value can breathe life into a company or economic activity, doubling productivity and sales whilst stabilizing employment, by providing a step by step plan based on in depth studies of fifty lean companies around the world.

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Lean Thinking, 1st ed. by James Womack

If The Machine That Changed the World is a description of the Toyota system in the industry of its origin, Lean Thinking is a generalization of the basic concepts so they can be applied to any company in any industry. The authors begin by summarizing the five inherent principles in any lean system: 1 correctly specify value so you are providing what the customer actually wants, 2 identify the value stream for each product family and remove the wasted steps that don't create value but do create muda (waste), 3 make the remaining value-creating flow continuously to drastically shorten throughput times, 4 allow customer to pull value from your rapid-response value streams as needed (rather than pushing products toward the customer on the basis of forecasts), and 5 never relax until you reach perfection, which is the delivery of pure value instantaneously with zero muda. (The first part of Lean Thinking devotes a chapter to each of these principles.) In the second part, the authors describe in detail how managers in a wide range of companies and industries - small, medium and large, North American, European and Japanese - transformed their business by applying the principles of lean thinking. Chapters are devoted to Pratt and Whitney, Wiremold, Lantech in North America, Porsche in Germany, and Showa Manufacturing in Japan. Lean Thinking has sold more than 300,000 copies in the English language hard-cover version alone, because it's an indispensable companion for every manager making the lean journey.

Womack is the president and creator of the Lean Enterprise Institute (www.lean.org), a Brookline, Massachusetts-based nonprofit teaching and research organization.

SKU Unavailable
ISBN 13 9780684810355
ISBN 10 0684810352
Title Lean Thinking, 1st ed.
Author James Womack
Condition Unavailable
Binding Type Hardback
Publisher Simon & Schuster Ltd
Year published 1996-08-01
Number of pages 384
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.