Lean manufacturing is a series of applied processes and tools that eliminate waste from production. Improved efficiency, effectiveness, and even profitability are all byproducts of lean manufacturing. 5 Key Lean Manufacturing Principles 1. Specify value what do your customers value? Value goes hand-in-hand with what customers are willing to pay for a product. When thinking lean, identify what drives value for your specific customers. Questions to assess value include: What problems does my product offering solve? What specific product features are my customers looking to pay for? Always be sure to determine value from the customer perspective (not yours!) and by product family. Lean Manufacturing Tools states that a product or service is only valued for just 5 percent of time. In Lean Manufacturing Tools’ article on lean thinking, the author continues: “The rest of the time we spend in wasteful pursuits; we are waiting, reworking, transporting, moving and a host of other wasteful things that the customer does not consider to be something that they should pay for.” 2. Identify the Value Stream Any processes and materials necessary to deliver a product to customers make up value streams. Lean thinkers map value streams to analyze delays, inefficiencies, and production limitations as well as value-creating steps. Any steps that don’t create value should be eliminated. Flagged process steps that create no value due to technology or manufacturing limitations become opportunities for improvement. 3. Establish Flow Once value-creating steps have been identified, they should occur in sequence. Flow ensures smooth progression from production’s start to the finished product delivered to the customer. This lean manufacturing principle ensures the product will flow smoothly to your customers. The goal in creating value stream flow is having continuous, synchronized production. 4. Pull Value Lean manufacturing principles are core to eliminating excess waste. Establishing pull is no different. Once flow is introduced, customers will begin to pull value from the next upstream activity. Pull creates a just-in-time or on-demand model. Ideally, production does not begin until customer orders are received. Pull eliminates work-in-progress inventory and waste from incorrect production forecasts. 5. Strive for Perfection. The final lean manufacturing principle is seeking perfection. Lean thinkers look for opportunities of improvement in each part of the value stream. Identify and remove root causes of issues from your production processes to target perfection. This principle is a group effort and requires everyone to drive it – from the production to top levels of the company. The Agile Management Professional program provides students a deeper understanding of the Agile charter, project management methodologies, estimating and planning, project execution, release and sprint planning. Topics include Risk Management, Value-driven delivery, task and Kanban boards, time boxing, user stories and agile personas, project management versatility, tools and techniques. Subjects include Agile Project Communications, Agile Estimation, Overview of Soft Skills Negotiation and Agile Knowledge and Skills. And how is applied in manufacturing.