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This technical note explains the concept of Initial Public Offering (IPO), the procedure which this offer must go through as well as the requirements for it to be carried out.

Waste is a growing concern for many businesses in all types of industries.

This technical note takes a look at the types of waste Ohno identified while improving Toyota’s production system, including waste arising from surplus production, waste caused by waiting time, waste brought about by faulty units, waste arising from excess inventory, waste due to unnecessary movement, waste due to unnecessary processes and waste caused by excessive transport. This material also explains the different methods to avoid them and eliminate them.