Make system work with only what it needs and reduce waiting times
Reorder when next order arrives, saves money, "is this adding value?", cut everything down to the most efficient way, work out how to avoid mistakes, look to the future
Just in case, minimize risk, always have a buffer to be prepared for mistakes/extra workloads
TPM (Total, productive, maintenance), all individuals in organization, meet customer expectations, keep things in good condition, increase overall equipment effectiveness, works for the future