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Book - Product Information
Lean Thinking: Banish Waste and Create Wealth in Your Corporation, Revised and Updated
James P. Womack, Daniel T. Jones, James Womack, Daniel Jones
Rating: 4.5/5 Stars
Rank: 706
In the revised and updated edition of Lean Thinking: Banish Waste and
Create Wealth in Your Corporation, authors James P. Womack and Daniel
T. Jones provide a thoughtful expansion upon their value-based business
system based on the Toyota model.
Along the way they update their action
plan in light of new research and the increasing globalization of
manufacturing, and they revisit some of their key case studies (most of
which still derive, however, from the automotive, aerospace, and other
manufacturing industries). The core of the lean model remains the
same in the new edition.
All businesses must define the "value" that they
produce as the product that best suits customer needs. The leaders must
then identify and clarify the "value stream," the nexus of actions to
bring the product through problems solving, information management, and
physical transformation tasks.
Next, "lean enterprise" lines up suppliers
with this value stream. "Flow" traces the product across departments. "Pull" then activates the flow as the business re-orients towards the pull
of the customer's needs. Finally, with the company reengineered towards its
core value in a flow process, the business re-orients towards "perfection,"
rooting out all the remaining muda (Japanese for "waste") in the
system. Despite the authors' claims to "actionable principles for
creating lasting value in any business during any business conditions,"
the lean model is not demonstrated with broad applications in the service
or retail industries.
But those manager's whose needs resonate with those
described in the Lean Thinking case studies will find a host of
practical guidelines for streamlining their processes and achieving
manufacturing efficiencies. --Patrick O'Kelley
About the AuthorJames Womack and Daniel Jones have collaborated on analyses
of global industrial trends for more than twenty years.
They are coauthors
of The Machine That Changed the World, Seeing the Whole, and The
Future of the Automobile. Womack is founder and president of the
Lean Enterprise Institute (www.lean.org), a nonprofit education and
research organization based in Brookline, Massachusetts, dedicated to the
spread of lean thinking. Jones is founder and chairman of the Lean
Enterprise Academy in the U.K.
(www.leanuk.org), a nonprofit organization
affiliated with the Lean Enterprise Institute and pursuing the same
objectives in English-speaking Europe.
Editorials
Sample 3 of 7
Lean Thinking: Banish Waste and Create Wealth in Your Corporation, Revised and Updated
James P. Womack, Daniel T. Jones, James Womack, Daniel Jones
![]() | | | Amazon.com | | In the revised and updated edition of Lean Thinking: Banish Waste and
Create Wealth in Your Corporation, authors James P. Womack and Daniel
T. Jones provide a thoughtful expansion upon their value-based business
system based... read full editorial |
![]() | | | From AudioFile | | An expanded version of a well-known guide that apparently has a cult
following, this audio provides a road map on how to squeeze the most value
from a product idea, from concept and manufacturing to product launch... read full editorial |
![]() | | | Review | | Fortune A new and coherent thesis about automotive
production...[the authors] back up their conclusions with unique
statistical measures that are authoritative, extremely timely, and highly
revealing. Think of this book... read full editorial |
Customer Reviews
Sample 3 of 22
Lean Thinking: Banish Waste and Create Wealth in Your Corporation, Revised and Updated
James P. Womack, Daniel T. Jones, James Womack, Daniel Jones
![]() | | | USE LEARN THINKING TO FIND 2,000 PERCENT SOLUTIONS | | March 31, 1999 - 5.0/5 stars | | My sister was fortunate last week to visit the Pratt & Whitney plant
described in Lean Thinking. She was in awe of the changes they made,
their ability to integrate kaizen for five years into the way they run
... read full review |
![]() | | | A Roadmap for Efficient Value Creation | | (Ann Arbor, MI United States) April 23, 2004 - 5.0/5 stars | | Would you like to double productivity, cut development time by 60%, reduce
inventory by 65%, reduce throughput time by 95%, reduce capital investment
while doubling sales? Pre-existing assets, technologies,... read full review |
![]() | | | Lots of generalities & buzzwords, little usable examples | | (Key West, FL) June 17, 1999 - 1.0/5 stars | | I was disappointed in this tape. (The book may be better. I have not read
it) The tape is a couple of hours of generalities. More like a promo for
the author's consulting business. Without business specifics, without... read full review |
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