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W.A.S.T.E.

WASTE stands for the well-known “WASTE” acronym, which emphasizes the need to eliminate or reduce unnecessary activities and inefficiencies in processes. In a professional context, WASTE refers to anything that does not add value from the customer’s perspective, such as overproduction, waiting times, unnecessary transportation, excess inventory, defects, over-processing, and unused talent. Recognizing waste helps organizations streamline operations, improve quality, and increase efficiency by focusing on what's truly valuable and removing activities that do not contribute to customer satisfaction or business goals.