Waiting: The waste of time waiting for people, equipment, materials, and information to arrive so that you can do your work.This is different from Transportation since, in the case of people, we are talking about the ergonomic issues rather than the mere relocation of them. Motion: Unnecessary and dangerous movement that can cause harm to people, damages to equipment, or defects in the product.Inventory: Excessive inventory that takes up valuable space, requires resources to manage it and ties up capital dollars.Transportation: The unnecessary moving around of material, people and equipment often resulting in wasted time and possible damage.Originally, there were 7 wastes that were described by Taiichi Ohno, the Chief Engineer at Toyota, as part of the Toyota Production System (TPS). Let’s first understand what TIMWOODS is all about. The first is TIMWOODS and the other is DOWNTIME. One corporate executive is fond of saying, “Waste is all around us, yet we walk by it every day.” There are two popular acronyms that are used to describe the 8 most commonly identified wastes.
This article will explore the most common sources of waste in any organization, explore the benefits of identifying and eliminating waste, provide an example of how one organization approached this issue and then present some best practices for undertaking this effort. You want to be able to identify waste so that you can go about eliminating it where you can. Waste in an organization is all around us.
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