An expanded lean definition advanced by Fujio Cho identifies seven prominent typ

Question

An expanded lean definition advanced by Fujio Cho identifies seven prominent types of waste to be eliminated from the supply chain: (1) waste from overproduction, (2) waste of waiting time, (3) transportation waste, (4) inventory waste, (5) processing waste, (6) waste of motion, and (7) waste from product defects. Describe (7) prominent types of 'waste' found in industry (supply chain oriented) and then recommend a Japanese (lean) approach to minimizing each waste that you list, describing how the lean approach minimizes the particular waste. How does 'respect for people' fit into the lean philosophy? (Full page)

Explanation / Answer

Some of the prominent ways to reduce wastes in supply chain are as follows.

These are some of the approaches that should be followed to minimize waste

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