Lean Enterprise Principles
- Value: This pertains to the manner in which end customers value a certain product or service as it relates to their wants or needs.
- Value stream: This breaks down the life cycle of a product or service, including the acquisition of raw materials, the manufacturing of goods, the sale and delivery of inventory, and the ultimate consumption of items by end-users.
- Flow: If any iteration of the value stream is stagnant or inefficient, it is considered wasteful and antithetical to creating customer value.
- Pull: This is a directive stating that nothing should be produced until there is clear demand or official purchase orders from customers.
- Perfection: This tenet states that in order for Lean Enterprise to be successful it needs to become part of the company culture, where every employee plays a role in implementing and perfecting the Lean Process.