You’re probably familiar with the principles of lean manufacturing. Stripped to its roots, lean focuses on decreasing waste, increasing value to the customer and a process of continuous improvement.

Startups operate in a fast-paced environment where resources are scarce, time is of the essence, and the margin for error is ...

While Lean principles have been known and applied in a variety of manufacturing processes, the applications in product development have been slower to come. Several companies have also applied Lean to ...

Simply put, lean is the practice of creating more value with fewer resources. The concept is inspired by the Japanese management theory from Toyota, where lean concepts are designed to improve and ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Quality assurance methods address quality issues in the output of businesses. Lean and six sigma principles apply approaches and metrics to a process to promote efficiency with a minimum number of ...

he Toyota Production System, which was developed from the late 1940s through the mid-1970s by top Toyota executives to improve the company’s manufacturing processes, is now used by numerous companies ...

What Is Lean Project Management? Your email has been sent Learn about lean project management and how it can improve efficiency and productivity. Discover its principles, benefits, and how to ...

If you’ve heard some buzz about Lean tools and principles, you’re not alone. Lean tools got their start in America as early as the 1900s, when Henry Ford used Lean methodology to create the Model T ...

What does car manufacturer Toyota and Lucile Packard Children’s Hospital at Stanford University have in common? More than you might think. Hospitalists at the Palo Alto, Calif.-based children’s ...

In today’s fast-paced, globalized business world, competition among modern corporations is fierce. In this climate, every competitive edge matters, leading business professionals to continually ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...