1. Wastes 7 at one blow

2. Definition  Any human activity which absorbs resources but creates no value  Muda

3. Magnificent Seven  Transporting  Inventory  Motions  Waiting  Overproduction  Overprocessing  Defects

4. Transporting  Moving materials between work stations, buildings, desks, machines  No value added

5. Inventory  Caused by overproduction  Take up floor space  Use up cash  Do not add value  Hide problems

6. Motions  Of employees  Effort & time that can be eliminated  Does not add value

7. Waiting  Next process step  WIP

8. Overproduction  Inventories  Obsolete parts

9. Overprocessing  Of Parts  Sledge hammer to crack nuts

10. Defects  Adds a layer of non value added work  Inspection does not work

11. TIM WOOD Transport Inventory Motions Waiting Overproduction Overprocessing Defects

12. Types of Waste  Type one  Type two

13. Type 1  Determine Utilization and Performance Metrics  Develop a Demand Management Process

14. Type 2  Kaizen  Shop floor led improvements  Continually Improve

15. Reasons for Waste  Laws of Physics  Laws of the Land  Outright cost

16. Reducing 7 Wastes  All that remains—Value stream  Switch production from one product to another  SMED (S ingle M inute E xchange of D IES )

17. Reducing 7 Wastes  Three techniques Minimize forecasting Kaizen projects Remove the source

18. Level Scheduled  Small batches  Rapid response  Improve Flexibility

19. Kaizen  Continuous Improvement by those that perform actual work  Perfection is the goal  Employee driven

20. Remove Waste at its Source  Quality at its source  Fool proofing eliminates the source

21. Waste Elimination Results  Eliminate All Non-Value Added Activity  Customer pays only for the value they deem valuable  Cost reduced—profits increased