So here we have some Philosophies which you need to consider when it comes to Waste. 2
The first thing is that waste exist in all processes at all levels in the organization. 3
So this is the first understanding each organization need to have 4
that there is a waste. 5
Whatever work, whatever processes you are going there is waste, there is always an opportunity to improve. 6
There is always an opportunity to reduce waste in whatever you are doing. 7
So that is the first realization the organization should have. The concept of lean manufacturing which 8
was mastered by Toyota. 9
The waste elimination was one of the key factor in successful implementation of lead. 10
This is something which everyone in the organization need to be aware of whatever processes they are doing. 11
They should be able to look into and see where there is a waste. 12
And another aspect of waste reduction is that this is a good way to increase profitability and there is no 13
rocket science here. 14
If you save money by reducing waste you will make your organization more productive. 15
You will make your organizations profit increase. 16
So these are the few things which we need to understand before we go farther into this topic of waste. 17
in this topic 18
We will be looking at three types of waste. 19
Lets look at that on the next slide.