One form of waste is Defects This is probably the most obvious waste, but it's not always the easiest one to detect! Especially if you end up with it reaching your customer, this can be a massive disaster. Defects usually cost you more than you imagine, once you decide what you have to do with it, scrap or rework it. The cost of the defect is not just the cost related to the defect, its a missed opportunity to perform that process correctly. So the time you invested in the defect can at least be multiplied by 2, this is because you can not get that time back again. don't forget to like, comment and share the word of Practical Continuous Improvement! #waste #wastemanagement #wastereduction #8wastes #eightwastes #profit #lean #opportunity #leadership #business #education #inspiration #culture #change #learning #development #b2b #tips #manufacturing #share #customer #people #quality #solutions #PCI #chamberofcommerce https://www.instagram.com/p/BtDWdi6D6Kw/?utm_source=ig_tumblr_share&igshid=5obo78orjvwb

One form of waste is Over-production Simply processing whatever your company does when there is not a real need from a customer. Making too much too early! Having excessive batch sizes can cause this, long lead times or poor relationships with your suppliers. All these can increase your inventory levels! If you want to have healthy profits inside your organisation, you should be looking to only make what is required. In LEAN we call this "Just in time" (JIT) Don't be that organisation that produces "Just in case"? don't forget to like, comment and share the word of Practical Continuous Improvement! #waste #wastemanagement #wastereduction #8wastes #eightwastes #profit #lean #opportunity #leadership #business #education #inspiration #culture #change #learning #development #b2b #tips #manufacturing #share #customer #people #quality #solutions #PCI https://www.instagram.com/p/BtA1wDTjxku/?utm_source=ig_tumblr_share&igshid=1tmfsje7hseca

One form of waste is that of Overprocessing This can come from inappropriate techniques used when performing for your customer. You may have fat standards or perform outside of the standards? You could have processes which repeat forcing you to add more time or resource. Sometimes people in your organisation will add effort or materials to a product or process to be safe, this can escalate and become big waste! Over-processing can actually turn your product or service into a defect! Working on this waste can be a massive opportunity for increasing profits in your organisation. don't forget to like, comment and share the word of Practical Continuous Improvement! #waste #wastemanagement #wastereduction #8wastes #eightwastes #profit #lean #opportunity #leadership #business #education #inspiration #culture #change #learning #development #b2b #tips #manufacturing #share #customer #people #quality #solutions #PCI https://www.instagram.com/p/Bs-G0r6DLBS/?utm_source=ig_tumblr_share&igshid=1qe7qip4wddrv

One form of waste is WAITING! In my personal opinion, this is one of the biggest waste you will come across, it's also the biggest opportunities. How often do you spend time waiting for a decision to be made, or waiting for a delivery from a supplier or an engineer to come and fix a machine? Waiting can be absolutely enormous, waiting can disrupt the flow, or create bottlenecks inside your business. Waiting will probably stand out more than any other waste! So this makes it a massive opportunity to reduce it and increase profits! don't forget to like, comment and share the word of Practical Continuous Improvement! #waste #wastemanagement #wastereduction #8wastes #eightwastes #profit #lean #opportunity #leadership #business #education #inspiration #culture #change #learning #development #b2b #tips #manufacturing #share #customer #people #quality #solutions #PCI https://www.instagram.com/p/Bs70bNXDtCf/?utm_source=ig_tumblr_share&igshid=1fcq8srk206v0

Unnecessary motions are one of the eight wastes These are those movements of man/woman or machine which are not as small or as easy to achieve as possible Excessive travel between workstations, excessive machine movements from start point to endpoint All of these wasteful motions cost you time (money) and can cause stress on your employees and machines after all even robots wear out. don't forget to like, comment and share the word of Practical Continuous Improvement! #waste #wastemanagement #wastereduction #8wastes #eightwastes #profit #lean #opportunity #leadership #business #education #inspiration #culture #change #learning #development #b2b #tips #manufacturing #share #customer #people #quality #solutions #PCI https://www.instagram.com/p/Bs6AM74jglC/?utm_source=ig_tumblr_share&igshid=13nbr4dgublit

One of the eight wastes you can find inside your business is Excessive Inventory. Inventory costs you money, every piece of product tied up in raw material, work in progress or finished goods has a cost you money. Until it is actually sold that cost is yours. In addition to the pure cost of your inventory, it adds many other costs, inventory feeds many other wastes. Inventory has to be stored It needs space It needs packaging It has to be transported around There's a chance of being damaged during transport It can become obsolete The waste of Inventory hides many of the other wastes in your systems. don't forget to like, comment and share the word of Practical Continuous Improvement! #waste #wastemanagement #wastereduction #8wastes #eightwastes #profit #lean #opportunity #leadership #business #education #inspiration #culture #change #learning #development #b2b #tips #manufacturing #share #customer #people #quality #solutions #PCI https://www.instagram.com/p/Bs3ZzLejN6W/?utm_source=ig_tumblr_share&igshid=2a34v0bimj9p

One of the eight wastes you can find inside your business is Transportation. You could say that transport is the movement of materials from one location to another, this is a waste as it adds zero value to the product. Why would you or your customer want to pay for an operation that adds no value? Transport adds no value to the product at all, your business is paying people to move material, this costs you money and makes nothing for you. The waste of Transport can be a huge cost to your business, you need people to operate it and equipment such as trucks or fork trucks to undertake this expensive movement of materials. don't forget to like, comment and share the word of Practical Continuous Improvement! #waste #wastemanagement #wastereduction #8wastes #eightwastes #profit #lean #opportunity #leadership #business #education #inspiration #culture #change #learning #development #b2b #tips #manufacturing #share #customer #people #quality #solutions #PCI https://www.instagram.com/p/Bsz-prODloH/?utm_source=ig_tumblr_share&igshid=1504907ak67he

The eight wastes you can find inside your business are what you should be aiming to reduce or remove. But what exactly are these eight wastes, after this introduction video Sliding Paradigms Ltd will show eight more short videos explaining each of these simple but effective areas of any business. Learn to see them in your business and processes, this is where you will find a huge opportunity to increase your profit margin. don't forget to like, comment and share the word of Practical Continuous Improvement! #waste #wastemanagement #wastereduction #8wastes #eightwastes #profit #lean #opportunity #leadership #business #education #inspiration #culture #change #learning #development #b2b #tips #manufacturing #share #customer #people #quality #solutions #PCI https://www.instagram.com/p/BsyickejQVM/?utm_source=ig_tumblr_share&igshid=1jv2telppaelj