Thursday, October 08, 2009

Some Lean terms clarified after reading Lean Lexicon

Recently read the Lean Lexicon, 4th Edition and noticed a clarification and a phrase I haven't really encountered that much:

Cycle Time = time it takes to go through a single process
Production Lead Time = time it takes to go through the entire value stream

Process Village = grouping activities by type rather than in sequence (aka physical layout based on functional speciality rather than by process or product)

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