Lean Management
Lean Management Principles The core principle of lean management is reducing waste and continually improve the business processes. Implementing lean practices in supply chain enables the organization to deliver a value to the customers continuously. In lean manufacturing there are five principles as; value, map the value stream, create a flow, establish a pull system and perfection. These principles show a pathway in order to transform the existing operations to a higher level (Skaar, 2019) . The first lean principle is value. The value is identified from the customer’s view. Value is the customer is paying for the product or service. The manufacturer or the service provider’s role is to minimize the waste and cost in order to meet the customer’s needs at the optimal price. Mapping the steps in the value stream is the second lean principle. It means visually displaying the flow of material and information in the production process. Through the value stream mapping value added act...