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 ...

Opinions expressed by Entrepreneur contributors are their own. If you’ve recently launched a startup, I’m sure that you’ve heard a lot about being “lean.” But I’m not here to discuss the methodology ...

The transformation required of healthcare practices seeking to improve care quality while containing costs could benefit from the application of "lean" management thinking, according to a recent study ...

You’re probably familiar with the principles of lean manufacturing. Stripped to its roots, lean focuses on decreasing waste, increasing value to the customer and a process of continuous improvement.

Even in the most structured organizations, many workplace processes are chaotic and disorganized. There’s incomplete or outdated documentation, duplication of effort, different people carry out the ...

How Krishna Valluru applies Lean principles to cut delays, reduce costs, and transform financial services operations.” ...

“We are different. Every job is unique.” “We cannot expect teamwork from skilled trades. Their work is too specialized.” “We must keep our people busy at all times. That’s why inventory is so ...

Please provide your email address to receive an email when new articles are posted on . Editor's note: This case study began in December 2015 after a paper was published in Administrative Science ...

Sustaining and succeeding in an environment which is driven by high cost pressures, thrust for continued innovation and high unpredictability in terms of success and ROI is the real -time challenge ...

If you’ve recently launched a startup, I’m sure that you’ve heard a lot about being “lean.” But I’m not here to discuss the methodology popularized by the likes of Eric Ries. Today, lean principles ...