The term lean thinking was coined by James P. Womack and Daniel T.Jones to capture the essence of their in-depth study of Toyotaʼs fabled Toyota Production System.
Lean thinking is a new way of thinking any activity and seeing the waste inadvertently generated by the way the process is organized by focusing on the concepts of:
- Value
- Value streams
- Flow
- Pull
- Perfection
The complete details can read in
The Essentials of Lean Manufacturing eBook.
Lean thinking was born out of studying the rise of Toyota Motor Company from a bankrupt Japanese automaker in the early 1950s to todayʼs dominant global player. At every stage of its expansion, Toyota remained a puzzle by being capturing new markets with products deemed relatively unattractive and with systematically lower costs while not following any of the usual management dictates.
"Lean thinking was born out of studying the rise of Toyota Motor Company from a bankrupt Japanese automaker in the early 1950s to todayʼs dominant global player."