7 Types of Waste in any Industry

  • Waste of over production …. Making products which are not needed in the immediate future. This leads to locked inventory, extra material handling, ageing, and can be very costly.
  • Waste of waiting ... These are of two kinds, that of the operator and that of the material.
  • Waste of transportation … Moving and storing components add cost not value, and hence should avoided as far as possible.
  • Waste of stocks … Any inventory costs money to carry.
  • Waste of motion … Waste is added if the method of working by the operator needs unnecessary motions like searching for tool, walking, are all wastes of motion.
  • Waste of making defects … This not only costs money but also interrupts the flow of production.
  • Waste of processing itself … When the product should not be made or the process should not be used. The best process is the one that consistently makes the product with an absolute minimum of scrap in the quantities needed.
 
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