Lean Thinking

Abstract

The significance of the agile manifesto and the agile principles can be identified by the business value proposition to the customer. By continuously delivering through iterative and incremental cycles of creating value for the end-user, it provides organizations a critical look on their activities. An inevitable question crops up for companies wishing to deploy Agile: How do we eliminate Muda – ‘Waste’? Meaning production of items which are not needed, movement of resources as well as goods and resources without any purpose and doing processes which are redundant. This paper provides an analysis in which the best value is specified at the same time, arranging those activities without interruption when requested and perform them effectively. Hence we term it as ‘Lean Thinking’ – which is to do more and more with less and less –less equipment, less time, less effort.  This review will concentrate on collaborative approaches to make work more satisfying through immediate feedback and convert Waste into Value

Keywords

Muda, Flow, Value Stream, Pull, Lean Thinking