Speed plays an important role in Lean Management: it is the result of streamlined, optimized processes, which are achieved by reducing waste. Particularly in production—though also in other areas such as marketing, sales, or administration—speed is a crucial factor for economic success. Improved efficiency of lean processes and faster throughput times allow for better fulfillment of customer needs and the achievement of goals in a shorter time frame than planned. This creates additional opportunities, such as increasing production capacity or initiating new projects.