Muda is a traditional Japanese word for an activity that is wasteful and doesn’t add value or is unproductive. It is a key concept in lean manufacturing, and represents one of three types of waste, the others being mura, meaning unevenness of flow, and muri, meaning overburdening the system. See also Lean Manufacturing.
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Discover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and procurement consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.
