Waste
Waste (MUDA)
Waste or MUDA is the opposite of value creation. Waste describes all non-value-adding activities the customers are not willing to pay for. The two main categories are obvious and hidden waste. While obvious waste can be eliminated, hidden waste can only be minimized.
When talking about waste there is no way around the 7 kinds of waste according to Taiichi Ohno most known in the lean world as TIMWOOD. Feel free to read the complete article on TIMWOOD(S) - yes you are right - where is this S coming from… keep on reading and you will see.
The 7(8) kinds of waste:
T = Transportation
I = Inventory
M = Motion
W = Waiting
O = Overproduction
O = Overprocessing or - engineering
D = Defects
S = Unutilized stuff
It is important to be aware of these kinds of waste in the list. But overproduction is the worst and typically initiates the other types of waste.
To read more in detail about TIMWOOD go here.
