quotLean Thinkingquot and the 5 Principles of Lean Value Value Streams Flow Pull Perfection











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Lean Thinking lays out the five Lean manufacturing principles: • 1. Value: This is what determines what the customer will pay. • 2. Value Streams: This is the product’s entire life-cycle. • 3. Flow: This is about creating a value chain with no interruption. • 4. Pull: This approach dictates that nothing is made until the customer orders it. • 5. Perfection: The march toward a perfect process happens step by step as • continuous improvements address root causes of quality problems and • production waste. • James Womack and Dan Jones are the founders of the Lean Enterprise Institute and the Lean Enterprise Academy (UK), respectively. • These ideas form the foundation of the Lean approach that has transformed countless corporations, giving them a leg up on the competition and a clear path to both profitability and delighted customers. • To learn more about the five principles, read the full blog at: • https://blog.kainexus.com/improvement...

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