What is the lean concept and why is it important to study?
Expert Answer
Lean Concepts is a systematic method that identifies andeliminates all types of waste activities, with in in production ormanufacturing operations, and in the service industry as well.Whether you are manufacturing a product or providing a service,there are components that are considered “waste”. Waste isessentially any activity/material within a process that is deemedunnecessary or the end customer is not willing to pay for. Anyactivity or process that consumes resources, adds cost or timewithout creating value becomes the target for elimination. Leanfocuses on the “big picture” or improvements in
OR
PayPal Gateway not configured
OR
PayPal Gateway not configured