Strive to Continuously Improve All Business Operations

Define Value from the Customer's Perspective

Produce at the Pace $($Pull$)$ of Actual Customer Demand

Create Flow in Each Value Stream

Describe the Value Stream for Each Product or Service

Enables managers to identify which value stream activities add value to the product, which activities add no value but cannot be immediately eliminated for various reasons, and which activities create no value and can be immediately eliminated $($or at least reduced substantially$).$

Mindset that it is always possible to improve any business activity, and regularly conduct kaizen events throughout their organizations to improve specific processes or operations.

Reducing the size of production batches, and in the process, they increase flexibility and lower costs.

Reduced lead times and increased flexibility mean that lean organizations can respond to actual customer demand rather than attempt to predict in advance what that level of demand will be$.$

Define how each specific product meets the needs of specific customers at a specific price and at a specific time.