IDEAS home Printed from https://ideas.repec.org/h/spr/mgmchp/978-3-030-90800-3_6.html
   My bibliography  Save this book chapter

Lean Supply Chains and Lean Production

In: Supply Chain Risk Management

Author

Listed:
  • Marc Helmold

    (IU, International University of applied Science)

  • Ayşe Küçük Yılmaz

    (Technical University 2 Eylul Campus)

  • Tracy Dathe

    (Macromedia University)

  • Triant G. Flouris

    (American College Greece)

Abstract

Added value can be defined as products, services, processes, and activities, which generate a certain value to the organization and enterprise. Value-added must be regarded from the customer viewpoint and is everything for which the customer is willing to pay for. It is important that value-added is recognized and perceived as value by the client. Many studies have shown that we only add value to a product for less than five to fifteen percent of the time, the rest of the time is wasted (Helmold & Terry, 2016a, 2016b). The opposite is non-adding value or waste as shown in Fig. 6.1. Waste (Japanese: Muda, 無駄) is anything that adds cost or time without adding any value or any activity which does not satisfy any of the above conditions of value-added is a waste or a non-value-adding activity in a process. The focus in operations management must therefore be in eliminating activities such as waiting time or rework (Ohno 1990; Liker, 2004). Enterprise must target value-added process and eliminate or reduce waste, whereby waste can be visible (obvious) or invisible (hidden) as shown in Fig. 6.2.

Suggested Citation

  • Marc Helmold & Ayşe Küçük Yılmaz & Tracy Dathe & Triant G. Flouris, 2022. "Lean Supply Chains and Lean Production," Management for Professionals, in: Supply Chain Risk Management, chapter 6, pages 105-127, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-030-90800-3_6
    DOI: 10.1007/978-3-030-90800-3_6
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:mgmchp:978-3-030-90800-3_6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.