DOWNTIMES is a Key Acronym For Success
DOWNTIMES is an acronym that stands for:
- Not utilized talent
- Inventory excess
- Motion waste
- Excess processing
Above all Lean Six Sigma refers to DOWNTIMES areas as waste. Businesses would refer to these areas as fat. Your processes will become lean, will increase velocity, will decrease cost, and increase quality if these wastes are removed.
A customer would not be willing to pay for these wastes. These are the items that Toyota focuses on removing in order to seek perfection.
Of course, there is lots more detail under each of these categories. Usually this is presented and individuals in the company, using their knowledge, fill out more details.
Removing all of these wastes is impossible and is not financially viable. Some of these wastes are even strategic such as Inventory excess. Inventory can help smooth out process and efficiencies.
Though it is impossible to remove all waste doing so is a reasonable Vision.
The following video overviews DOWNTIMES in more detail: