Methods of improving productivity are central to profitable growth. Profit Savvy's materials on improving productivity for profit are collected in this category.
Waste (Muda) Reduction Article Count: 4
The science of Lean Management has demonstrated that dramatic reduction in costs, and consequent increase in profit, can come about from the systematic removal of the 8 types of waste to be found in businesses. Known by the Japanese word Muda (Moo-da), this is one of the techniques that propelled Toyota to the top of the automotive quality and profit ranks.