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Muda


Source: Procurement Glossary
Author: Paul Rogers
Institute: CIPS - UK

Courtesy of


 

Muda is a traditional Japanese word for an activity that is wasteful and doesn't add value or is unproductive.  It is a key concept in lean manufacturing, and represents one of three types of waste, the others being mura, meaning unevenness of flow, and muri, meaning overburdening the system.  See also Lean Manufacturing.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 




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Last update 5 Nov 2018
Global manufacturing slowdown continues in October
   Source: J.P.Morgan Global Manufacturing PMI ™  -  IHS Markit



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