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Principles of lean thinking

The five principles of lean thinking: Value, Value Stream, Flow, Pull and Perfection Womack & Jones. (1996) .

*Value: is the value offered to a customer at a specific time and for a specific price, it depends on each customer. 

*The value stream: is the set of activities from design, different stages of production to to the final product delivered to the customer. there three types of value stream: 

-Value added: these activities generate value. 

-Type one Muda: This Muda or waste is unavoidable. 

-Type two muda: activities with no value and have to be avoided. 

*The Flow: achievement of tasks along the value stream so that a product proceeds from design, different stages of production to to the final product delivered to the customer with no stoppages, scrap or backflows.

*The pull: in a pull system instructions goes from downstream to upstream means nothing is produced by the upstream supplier until the downstream customer signals a need. 

*Perfection: is a total elimination of muda so that all undertaken activities along the value stream create value.

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