oboloo

oboloo Glossary

Lean Operations Principles

oboloo Glossary

Lean Operations Principles

Lean operations principles are a set of guidelines and best practices that businesses use to streamline their processes and increase efficiency. The main goal of lean operations is to reduce waste and maximize value for customers. Lean operations principles are based on the idea that businesses should focus on eliminating non-value-added activities, such as excessive paperwork, long lead times, and inefficient processes. By doing so, businesses can increase customer satisfaction, reduce costs, and increase profits. Lean operations principles focus on streamlining processes, eliminating unnecessary steps, and reducing inventory. They also emphasize continuous improvement, collaboration, and communication between departments. By implementing lean operations principles, businesses can create a culture of continuous improvement and innovation, leading to increased customer satisfaction and increased profits.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971