Tim Wood
Tim Wood
Tim Wood
By Group 6,
Anushree V (1627035)
Akhil Jose (1627303)
Souparno Basu (1627128)
Riola Fernandez (1627151)
Ranjith M (1627019)
Vedant Somani (1627337)
Waste elimination is one of the most effective ways to increase the
profitability of any business. Processes either add value or waste to
the production of a good or service. The seven wastes originated in
Japan, where waste is known as muda." "The seven wastes" is a
tool to further categorize muda and was originally developed by
Toyotas Chief Engineer Taiichi Ohno as the core of the Toyota
Production System, also known as Lean Manufacturing. To eliminate
waste, it is important to understand exactly what waste is and where
it exists. While products significantly differ between factories, the
typical wastes found in manufacturing environments are quite
similar. For each waste, there is a strategy to reduce or eliminate its
effect on a company, thereby improving overall performance and
quality.