TIMWOOD

TIMWOOD is an acronym representing seven types of waste that can occur in a process. These wastes are non-value-added and must be reduced.

Further Explanation:

T – Transport costs time and money and can cause damage.

I – Inventory ties up capital, requires space, must be transported, and monitored.

M – Unnecessary movement by employees wastes work time.

W – Often machines wait rather than people.

O – Excess work for something not currently needed.

O – Overproduction ties up capital and resources.

D – Errors and rework consume capacity.

Objective:
  • Increase value creation
  • Identify waste
  • Increase speed
  • Understand processes
  • Reduce costs
Tips:
  • It’s important not to focus on the name of the waste, but to find it.
  • First address non-value-added processes.
  • Conduct a Gemba Walk to identify waste.
Platzhalter

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