Lean management is a production methodology that focuses on optimizing the production process by minimizing waste.
Initially developed in the automotive industry by Toyota factories in the 1970s, this inventory lean management method has expanded to apply to all types of industries, companies and services.
The essence of lean management is to eliminate waste from manufacturing while advocating for value creation.
The elimination of waste is achieved by optimally coordinating all the company’s processes.
Waste is any activity that consumes resources but brings no value to the end customer.
Lean management particularly tracks down seven wastes of lean manufacturing practices:
Introducing lean management into a value chain implies improvement of the production system from two points of view: that of the company and that of the client.
Lean management aims at aligning perfectly those two points of view. As such, lean management conforms with the principles of agile methods, whose main purpose is to optimally respond – through different tools: cycles, feedbacks, etc. – to clients’ expectations in order not to get lost in unnecessary developments that would not improve their satisfaction.
Lean management has other tools at its disposal for its application: the Kanban model (pull flow production system method: lean production is determined by client orders according to the application of the just-in-time lean principle), the 5S methodology, etc.