he Toyota Production System, which was developed from the late 1940s through the mid-1970s by top Toyota executives to improve the company’s manufacturing processes, is now used by numerous companies ...

What does car manufacturer Toyota and Lucile Packard Children’s Hospital at Stanford University have in common? More than you might think. Hospitalists at the Palo Alto, Calif.-based children’s ...

How Krishna Valluru applies Lean principles to cut delays, reduce costs, and transform financial services operations.” ...

Simply put, lean is the practice of creating more value with fewer resources. The concept is inspired by the Japanese management theory from Toyota, where lean concepts are designed to improve and ...

Lean manufacturing isn't just a trendy concept; it's a strategic framework designed to streamline processes, slash costs and boost productivity. By minimizing waste and focusing on value-added ...

A lean startup is a business methodology that prioritizes building a product or service based on actual customer feedback rather than traditional business planning. Originating from Eric Ries' 2011 ...

In practice, lean manufacturing is an operating philosophy that yields a number of long-term benefits that aren’t always obvious to those who are considering adopting it. The first thing most ...

Colin Parris is CTO & SVP of GE Digital, a global leader in digital technology and empowering digital transformation efforts at scale. As you refine your business strategy for 2021, you may be asking ...

Lean manufacturing may be decades old, but its relevance is only growing stronger in the age of Industry 4.0. As manufacturers increasingly adopt smart manufacturing technologies, a powerful evolution ...

Only a few companies achieve sustainable results by permanently and completely transforming themselves. Many companies practice lean, but never truly internalize it as part of their basic code. Your ...

In a previous post, I wrote about how large companies are poised to be the greatest beneficiaries of the lean startup movement. We are entering an era of technology that is well suited to the ...