Do you often forget the 7 forms of lean waste? Try the acronym TIM WOOD to make it easy to remember. Did you know there are versions with 8 forms of waste? Use the acronym TIM WOODS, where S represents skills, or under utilization of the workers skills, also called the loss of human capital.
T = Transportation
I = Inventory
M = Motion
W = Waiting
O = Overprocessing
O = Overproduction
D = Defects
S = Skills
Watch the video to learn more about TIM WOODS. Evaluate a pizza making video, and see if you can identify all the wastes.
TIM WOODS – 7 forms of waste
TIM WOODS – 8 forms of waste
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Now that you understand the 8 forms of waste, what’s next? Check out some FREE lean videos about how to reduce or eliminate these wastes >>>