What is it?
Practice
Lean management is a system derived from Toyota’s lean manufacturing methodology, which systematically aims to reduce waste, improve workflows and eliminate non-value-adding activities. This ultimately creates more value for customers, with fewer resources.
What benefits does Lean provide?
The benefits of lean management techniques are very similar to those of lean production. Any activity that fails to add value can be considered waste, including wasted effort. Lean can result in significant cost savings for the labour-intensive