The Essence of Muda
By Xavier Perrin (xperrin@xp-consulting.fr)
Different mnemonics are used to help people remembering the 8 muda. Recently, I discovered a video using the acronym DOWN TIME for Defects, Overproduction, Waiting, Not utilizing talent, Transportation, Inventory excess, Motion, and Excess processing. TIMWOOD is another tip for recalling the 7 wastes of Toyota: Transportation, Inventory, Motion, Waiting, Overproduction, Overprocessing, [...]