LEAN WASTES: CLASSIFICATIONS FROM DIFFERENT INDUSTRY PERSPECTIVES

Journal Title: ICTACT Journal on Management Studies - Year 2015, Vol 1, Issue 1

Abstract

Lean has now emerged as a core concept for improving efficiency and productivity in many industries. Identification and elimination of wastes is at the core of Lean Thinking. The purpose of this paper is to provide an insight into the various types of wastes in different industries. A literature review was carried out with an objective to identify and categorize waste/non-value add activities in different industry settings. This categorization of wastes would be useful while applying Lean principles in different industry settings.

Authors and Affiliations

Goutam Kumar Kundu

Keywords

Related Articles

IMPACT OF SELECTED BEHAVIOURAL BIAS FACTORS ON INVESTMENT DECISIONS OF EQUITY INVESTORS

Behavioural finance is a new discipline in finance, which studies the cognitive psychology of an individual’s money-related decisions. It has evolved as a response to standard economic theory, which presumes that people...

CONSUMER PREFERENCE TOWARDS ONLINE RETAILING

Online retailing is the process whereby consumers directly buy goods or services from a seller in real-time, without an intermediary service, over the Internet. On-line shopping preferences differ with respect to differe...

IMPACT OF BANK SPECIFIC DETERMINANTS ON NET INTEREST MARGIN: EMPIRICAL EVIDENCE FROM PUBLIC AND PRIVATE SECTOR COMMERCIAL BANKS IN INDIA

This empirical study critically examines the linkage between net interest margin of 43 public and private sector banks and bank specific determinants for the period 2002-2003 to 2013-2014. The study aims to find the asso...

IMPACT OF MOTIVATION ON JOB SATISFACTION OF SFL EMPLOYEES

This descriptive research endeavours to analyse the level of job satisfaction and motivation prevalent among employees of SFL and explore the impact of motivation on job satisfaction by administering a well structured in...

GREEN SUPPLY CHAIN INITIATIVES OF MANUFACTURING FIRMS: COMPLEMENTARY VERSUS TRADE-OFF

Organizations throughout the world are persistently striving hard to develop new and innovative ways to enhance their performance and competitiveness. Effective green supply chain management (GSCM) has become a potential...

Download PDF file
  • EP ID EP196881
  • DOI 10.21917/ijms.2015.0007
  • Views 137
  • Downloads 0

How To Cite

Goutam Kumar Kundu (2015). LEAN WASTES: CLASSIFICATIONS FROM DIFFERENT INDUSTRY PERSPECTIVES. ICTACT Journal on Management Studies, 1(1), 39-42. https://europub.co.uk/articles/-A-196881