7 Wastes
A Lean methodology concept identifying seven types of waste in processes to improve efficiency.
482 topics found for
“efficiency”
Occam’s Razor
A principle that suggests the simplest explanation is often the correct one, favoring solutions that make the fewest assumptions.
Minimize Waste
A principle in lean management aimed at reducing non-value-added activities to improve efficiency.
BPA
Business Process Automation (BPA) refers to the use of technology to automate complex business processes.
Mura
A Japanese word meaning inconsistency or variability in processes.
Bikeshedding
Also known as Parkinson's Law of Triviality, is the tendency to spend excessive time on trivial details while neglecting more important issues.
Algorithm Design
The process of defining and creating algorithms to solve problems and perform tasks efficiently.
Product Operating Model
A framework that outlines how a product is developed, managed, and delivered, including roles, processes, and tools used throughout its lifecycle.
Sustainability
The practice of designing and implementing processes, systems, or business solutions in a way that ensures their long-term viability, efficiency, and maintainability.