Type of waste:
1)Overproduction
-Producing more than is needed before it is needed
2)Inventory
-  Maintaining excess inventory of raw materials, parts in process, or finished goods
3)Transportation
-Wasted effort to transport materials, parts, or finished goods into or out of storage
4)Motion
-  Any wasted motion to pick up parts or stack parts
-  Also wasted walking
5)Over-processing
-  Doing more work than is necessary
6)Correction
-  Repair or Rework
7)Not fully utilize human resources
-  Not using operators to their maximum ability
8)Loss Opportunities
- Failed to launch product on time / capture the market share
- Loss the sales
Tony Lim 13-Aug-2007 Malaysia
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