The Modern Lean Enterprise

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Focusing on a modern reorientation of Lean principles, this book proposes moving away from traditional waste reduction towards achieving continuous and sustainable efficiency through value creation. It emphasizes the relationship between value and waste, suggesting they are not opposites but different considerations. By leveraging complementarity theory, it argues that Lean Enterprises can maximize gains through strategic joint investments in complementary activities. This approach aims to facilitate a smoother transition for Lean companies into the digital age and Industry 4.0.