WHAT A WASTE
You’ve probably heard about the 8 types of waste
and maybe even worked them off.
But…
Have you considered that there may be other types of waste?
The 8 Common Wastes
- Transportation – Unnecessary movement of materials, products, or information.
- Inventory – Excess inventory beyond what is needed for immediate use.
- Motion – Unnecessary movement of people or equipment.
- Waiting – Idle time when processes or people are delayed.
- Overproduction – Producing more than required or too early.
- Overprocessing – Adding unnecessary steps or features.
- Defects – Errors requiring rework or replacement.
- Skills (Unused Talent) – Failing to fully utilize employee potential.
additional 50 types of Waste
found in a Business
Operational Wastes
- Energy Waste – Inefficient use of power or energy resources.
- Waste of Space – Inefficient utilization of physical or digital space.
- Time Mismanagement – Poor prioritization or scheduling.
- Policy or Bureaucratic Waste – Overcomplicated processes or red tape.
- Idle Equipment – Machinery or tools not in use when needed.
- Underutilized Equipment – Using machinery below capacity.
- Duplicate Processes – Repeating tasks unnecessarily.
Financial Wastes
- Overpayment – Spending more on goods or services than necessary.
- Low-Return Investments – Allocating resources to projects with minimal ROI.
- Budget Mismanagement – Poor allocation of funds or overspending.
- Uncollected Revenue – Failing to follow up on invoices or receivables.
Knowledge and Talent Wastes
- Waste of Knowledge – Failing to capture and share institutional expertise.
- Missed Training Opportunities – Not equipping employees with necessary skills.
- Inadequate Succession Planning – Losing critical knowledge during employee turnover.
- Underutilized Creativity – Ignoring employee suggestions or innovations.
- Lack of Employee Empowerment – Restricting decision-making capabilities.
Communication Wastes
- Excessive Communication – Too many meetings or redundant discussions.
- Miscommunication – Vague or unclear messaging causing delays.
- Lost Information – Critical data or knowledge not properly documented.
- Too Many Platforms – Overwhelming communication tools causing inefficiencs.
Customer-Related Wastes
- Customer Experience Waste – Processes that frustrate or inconvenience customers.
- Unclear Customer Feedback – Failure to gather actionable insights.
- Poor Customer Retention Strategies – Losing existing clients due to avoidable issues.
- Complex Return Policies – Making it difficult for customers to return products.
Technological Wastes
- Underutilized Software – Paying for tools that are not fully utilized.
- Outdated Systems – Relying on legacy technology that slows processes.
- Overengineering Solutions – Adding unnecessary features to software or tools.
- Inefficient Automation – Poorly implemented automation creating more work.
Environmental Wastes
- Material Waste – Overuse of materials or non-recyclable packaging.
- Excessive Printing – Printing when digital alternatives are available.
- Carbon Footprint Waste – Avoidable emissions due to inefficient logistics.
- Water Waste – Overuse or wastage of water in operations.
Strategic Wastes
- Waste of Opportunity – Missing chances for growth or innovation.
- Market Misalignment – Developing products or services not aligned with customer needs.
- Slow Decision-Making – Delays in acting on critical business opportunities.
- Ignoring Feedback – Disregarding customer or employee input.
Cultural and Emotional Wastes
- Toxic Workplace Behavior – Creating a negative environment through poor culture.
- Employee Burnout – Overworking employees without addressing well-being.
- High Turnover – Failing to retain top talent due to avoidable issues.
- Low Morale – Failing to inspire or motivate employees.
Miscellaneous Wastes
- Redundant Reporting – Creating reports no one uses or reads.
- Overcomplication – Making processes unnecessarily complex or hard to understand.
Key Takeaway
Identifying and addressing these wastes can significantly improve operational efficiency, reduce costs, and enhance customer satisfaction. Businesses should continuously evaluate their processes to identify and mitigate these inefficiencies.