Lean manufacturing or lean production, often simply "lean", is a systemic method for the elimination of waste ("Muda") within a manufacturing process. Lean manufacturing is a production practice that considers the expenditure of resources for any goal other than the creation of value for the end customer to be wasteful, and thus a target for elimination. Working from the perspective of the customer who consumes a product or service. It gives values for processes that a customer would be willing to pay for.
Lean is the management philosophy developed by Toyota production system. It focuses on reducing waste.
Benefits of Lean manufacturing:-
1) It eliminates waste
2) It enhances productivity
3) It helps to obtain higher customer satisfaction
4) It reduces per unit cost
5) It controls inventory