Council of Supply Chain Management Professionals (CSCMP) Practice Exam 2026 – The Complete All-in-One Guide to Exam Success!

The Lean Approach is fundamentally about creating more value for customers with fewer resources by minimizing waste. Waste can take many forms, including excess inventory, overproduction, waiting times, unnecessary transportation, and defects. By focusing on the elimination of waste, organizations can streamline their operations, enhance efficiency, and improve product quality, ultimately leading to better customer satisfaction. This principle is rooted in the belief that by optimizing processes and eliminating non-value-added activities, businesses can operate more effectively.

While maximizing the use of resources, ensuring maximum turnover, and offering the lowest possible prices might seem beneficial, they do not capture the core essence of Lean. Instead, they can sometimes lead to inefficiencies or compromise quality when pursued without considering waste reduction.