ABSTRACT
A worker walking long distances across the production line to move a credit application to the next stage of the process wastes time. Production bottlenecks that idle downstream workers waste human resources. Waste of inventory increases overhead and hides quality issues in finished goods or work-in-process. Inventory waste is closely connected with waste from overproduction. Waste from overproduction is one of the greatest wastes commonly found in manufacturing operations. The quality of the product or service can be only as good as the quality of the worst component. The waste in a process is magnified by the cost associated with finding and correcting the error as well as the costs incurred by delaying further output while waiting for the correction to be made. Waste from waiting is like any other wastes in a production. The transportation and double or triple handling of raw materials/parts and finished goods are commonly observed wastes in many factories.
