The Six Big Losses in Lean Manufacturing
The Six Big Losses in lean manufacturing is a concept and practice that is used to categorize equipment-based losses and maximize overall equipment effectiveness. In essence, it aims to reduce waste and bring more value to the end customer. Japanese entrepreneur, Seiichi Nakajima, developed the Six Big Losses in 1971 while at the Japanese Institute of Plant Maintenance. Today, these core objectives are still some of the best foundational guiding principles of lean manufacturing.