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Principles for lean enterprise derive from lean manufacturing and Six Sigma principles: There are five principles, originating from lean manufacturing, outlined by James Womack and Daniel Jones [1] [2] Value: Understand clearly what value the customer wants for the product or service. Value Stream: The entire flow of a product's or service's ...
In the fall of 2005, James P. Womack and Daniel T. Jones published an article in the Harvard Business Review describing a new theory called Lean Consumption. [1] This process was proposed for large corporations, but smaller corporations have been able to take this theory and apply it to small business.
The term Lean was coined in 1988 by American businessman John Krafcik in his article "Triumph of the Lean Production System," and defined in 1996 by American researchers James Womack and Daniel Jones to consist of five key principles: "Precisely specify value by specific product, identify the value stream for each product, make value flow ...
The Machine That Changed the World is a 1990 book about automobile production, written by James P. Womack, Daniel T. Jones, and Daniel Roos.. It is the result of five-years research by the International Motor Vehicle Program (IMVP) at Massachusetts Institute of Technology (MIT), aimed at finding success factors in the global automobile industry.
Lean thinking was born out of studying the rise of Toyota Motor Company from a bankrupt Japanese automaker in the early 1950s to today's dominant global player. [4] At every stage of its expansion, Toyota remained a puzzle by capturing new markets with products deemed relatively unattractive and with systematically lower costs while not following any of the usual management dictates.
James P. Womack was the research director of the International Motor Vehicle Program (IMVP) at the Massachusetts Institute of Technology (MIT) in Cambridge, Massachusetts and is the founder and chairman of the Lean Enterprise Institute, a nonprofit institution for the dissemination and exploration of the Lean thinking with the aim of his further development of the Lean Enterprise.
Daniel T. Jones is an English author and researcher. [1] He won the Shingo Prize for Operational Excellence in the Research and Professional Publication category multiple times [2] [3] for his books The Machine that Changed the World, Lean Thinking: Banish Waste and Create Wealth in Your Organization and Seeing the Whole: Mapping the Extended Value Stream.
The term "lean" was first coined by a researcher at MIT and later popularized by the best-selling book, The Machine that Changed the World (1990). [9] Those implementing lean principles generally focus on applying lean tools which have been described in a number of references over the past two decades [10] [11] [12] with the focus of seeking out and directly targeting "waste" (its seven forms ...