Page 334 - How To Implement Lean Manufacturing
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308    Gl o s s a ry


                    VSM  Value Stream Mapping.
                    Waiting  One of the seven wastes, it is the waiting of people for any reason including waiting
                    for information, parts, or machines.
                    Waste  Things the customers is not willing to pay for; the focus of the TPS; “the absolute
                    elimination of waste,” T. Ohno.
                    WIP  Work In Process. All materials in the production process once they are withdrawn
                    from the storehouse until they are stored as finished goods. One of the three basic forms of
                    inventory which are raw materials, WIP, and finished goods.

                    Work element stack   A graphic tool to show how work elements combine so line balancing
                    can be achieved.
                    Yokoten  The concept of sharing process improvement ideas with others and applying these
                    in other applications beyond the original concept.
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