The 5 Lean Principles

Lean (also known as Toyota Production System or TPS) can be applied in a flexible manner to achieve effective results every time. Though there are no boundaries to the potential of Lean, the key to Lean Thinking is driven by the following 5 key principles:

Value
Identify and create products or services that add value to a client’s objectives, ensuring full customer satisfaction and beyond.

Value Stream
Identify the vital steps that facilitate an efficient production or service line workflow, and also the unnecessary steps that result in waste. Optimise workflow through eliminating the non-value steps and create a value stream.

Flow
Eliminate steps in the workflow that potentially cause interruption, backflow, delay or destruction. Create efficient steps without these negative effects result in a value flow.

Pull
Supply only upon demand. Produce only when the customer pulls, so that no resources are wasted.

Perfection
Strive for perfection by continually removing successive layers of waste as they are uncovered.

By adopting a holistic approach to Lean (also known as Toyota Production System or TPS)which encompasses the 5 principles and deploying Lean tools and techniques to gradually eliminate waste, an organisation gets progressively Lean.

(Reference: Lean Thinking: Banish Waste and Create Wealth in Your Corporation,James P. Womack and Daniel T. Jones)

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