Waste is defined as anything within your business or processes that doesn’t add value to the customer or the long-term goals of the organization. Many businesses are more wasteful than they realize.
The waste of over-production is most common in manufacturing industries, but this type of waste can be seen in any business that provides physical materials, including documents, for consumers or internal use.
Transportation waste occurs when information, items, or people are transported around unnecessarily. This is most common in manufacturing industries, but can also apply to any business environment.