Seven Wastes

Definition: the Seven Wastes is a key concept within the Toyota Production System and Lean Manufacturing and Total Quality Management philosophies.
The main objectives of TPS are to design out overburden (muri) and inconsistency (mura), and to eliminate the seven categories or types of waste (muda):
1. Transportation
2. Inventory
3. Motion
4. Waiting
5. Over-production
6. Over-processing
7. Defects.
Together these 7 form the acronym TIMWOOD.
An 8th source of waste is under-utilized Skills (TIMWOODS).

💡

Learn more about the Seven Wastes.

More on manufacturing: 5 Whys, Changeover, Contract Manufacturing, Cradle to Cradle, Experience Curve, more on manufacturing...

MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program.

We keep it short and provide links to high-quality websites where you can learn more about your topic.

Add MBA Brief to your desktop / iPad