ACE Survey 2008

Lean Management philosophy originates from the Toyota Production System developed by Toyota Motor Corporation in the early ’50s and has since then been continuously refined. The principles behind lean were first described in the book Lean Thinking (written by James P. Womack and Daniel T. Jones in 1997) where the terminology “Lean” is used to describe a process/production methodology. Lean aims to create an organisational culture where all employees are focused on continuously reducing all types of waste present in a process, such as waiting time, inventories, transportation, etc. The Lean methodology allows an organisation to create strong, stable processes that will enable them to deliver exactly what the customer wants – quickly, efficiently and with minimum cost implications. This survey explores how companies applying the Lean management principles are being used to outperform their competitors.

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