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Lean Management

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**Lean Management**

What is Lean Management?

Lean management 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, 'value' is defined as any action or process that a customer would be willing to pay for. It is commonly used to improve efficiency and reduce waste in manufacturing, software development, and other business processes by focusing on continuous improvement and respect for people.

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