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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.
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 ...
Lean project management has many ideas in common with other lean concepts; however, the main principle of lean project management is delivering more value [3] with less waste in a project context. Lean Project Management applies the five principles of lean thinking to project management. [4] "Lean" is a systematic method for the elimination of ...
Lean enterprise is a practice focused on value creation for the end customer with minimal waste and processes. [4] The term has historically been associated with lean manufacturing and Six Sigma (or Lean Six Sigma) due to lean principles being popularized by Toyota in the automobile manufacturing industry and subsequently the electronics and internet software industries.
The Toyota Way is a set of principles defining the organizational culture of Toyota Motor Corporation. [1] [2] The company formalized the Toyota Way in 2001, after decades of academic research into the Toyota Production System and its implications for lean manufacturing as a methodology that other organizations could adopt. [3]
Lean Six Sigma is a process improvement approach that uses a collaborative team effort to improve performance by systematically removing operational waste [1] and reducing process variation. It combines the many tools and techniques that form the "tool box" of Lean Management and Six Sigma to increase the velocity of value creation in business ...
Lean integration, application of lean manufacturing principles to data and systems integration; Lean IT, application of lean manufacturing principles to the development and management of information technology (IT) products and services; Lean laboratory, application of lean manufacturing principles in a laboratory; Lean manufacturing, a process ...
Lean measures both the process of design and the design results. [25] Measures drive the design for lean manufacturing culture and promote continuous improvement. [26] Toyota's lean product development process is elusive but not impossible to understand. [27] It cannot be imported in parts as is the case with the Toyota Production System.
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