Waste is any effort or processes, whether in production, administration or logistics, that's unnecessary. It makes a company hemorrhage cash. In lean manufacturing, multiple value steams are unified ...

We’ve seen many value stream maps (VSM) over the past 20 years, as it has become a common tool. In some companies it’s a first requirement before a lean effort begins. In other companies, value stream ...

Ernie Smith is a former contributor to BizTech, an old-school blogger who specializes in side projects, and a tech history nut who researches vintage operating systems for fun. Many discussions around ...