I am a scientist, and I try to understand how the world works, particularly in my field of manufacturing and lean production. (I also try to teach others about this, e.g., through this blog.) Hence, in this post I will look at different equations used in lean. Somehow, there are not that many…
Time is money. One goal in lean is to reduce the time needed to do the work by eliminating waste (muda, which is the better-known part of reducing time) and fluctuations (mura, which many people skip over because it is more difficult, but also more powerful). However, not all time is equal. Reducing the time needed to do the work saves labor cost, but depending on where you save the time, you may have many more additional benefits. Let’s have a look.