Simply put, lean is the practice of creating more value with fewer resources. The concept is inspired by the Japanese management theory from Toyota, where lean concepts are designed to improve and ...

he Toyota Production System, which was developed from the late 1940s through the mid-1970s by top Toyota executives to improve the company’s manufacturing processes, is now used by numerous companies ...

What does car manufacturer Toyota and Lucile Packard Children’s Hospital at Stanford University have in common? More than you might think. Hospitalists at the Palo Alto, Calif.-based children’s ...

This course presents a brief history of Lean and an introduction to Lean concepts, such as the 5 Lean principles, defining value-added activities, the “8 forms of waste” and a Kaizen simulation. “The ...

Lean manufacturing seeks to make clear what adds value by reducing everything else. Lean is clearly not a fixed-point objective; accelerating global market competition demands operational flexibility ...

Opinions expressed by Entrepreneur contributors are their own. Entrepreneurs are obsessed with productivity, and for good reason. Most startups work with small teams on short timelines, which means ...