Essay heading: 7 Wastes

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February 27, 2001






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These wastes also show inefficient production. Further excess inventory can block up working capital. In todays competitive business environment, minimizing these wastes are important. Toyota has led the way with its lean manufacturing techniques. Minimizing of all kinds of wastes is an important goal for the company...
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Minimizing of all kinds of wastes is an important goal for the company. Other organizations too are learning the importance and working towards reducing all non-value adding activities. Reducing these wastes creates environmental benefits also e.g. by reducing defects and having efficient production systems...
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