An Expert’s Advice to CPD Monitoring
Resources

A cost transformation model - Lean production

Aug 02, 2018 · 1 min read

FREE ACCOUNT

ACCESS

What is it?

Lean production is a production methodology focused on eliminating waste, where waste is defined as anything that does not add value for the customer. Although Lean's heritage is manufacturing, it is applicable to all types of organisation and all an organisation's processes. While the origins of Lean principles are not clear, Toyota has been instrumental in the development and application of Lean, and many tools are derived from the Toyota Production System (TPS). The tools are rooted

Already a member?

Log in with your account
 
Forgotten email
Forgotten password

Not a member?

To gain access to exclusive content, your first step is to join the AICPA & CIMA.

Mentioned in this article

Topics

Subtopics

Skills

Business

Subskills

Strategy

Trends

Manage preferences

Related content