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Define WASTE MINIMISATION

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The process of reducing the amount of unused material, time, or labour within a business.

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WASTE MINIMISATION strategies

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Benefits of minimising waste

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- Reduces production costs - Increases profit margins - Allows lower prices for customers - Improves efficiency and effectiveness

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Impact of WASTE MINIMISATION on Efficiency

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- Minimises time wasted, increasing efficiency

- Reduces discarded materials, optimising resource use

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Impact of WASTE MINIMISATION on Effectiveness

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- Lowers operational costs - Increases sales and market share - Assists in achieving profit

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7 types of waste in production ?

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TIMWOOD

TIMWOOD stands for Transportation, Inventory, Motion, Waiting time, Overprocessing, Overproduction, and Defects.

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TRANSPORTATION waste

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Unnecessary transportation of products or materials can waste time and money, increasing the risk of resources becoming damaged.

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INVENTORY waste

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Having an excess inventory of products and materials can waste storage space and increase the chance of goods becoming damaged.

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MOTION waste

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Unnecessary movement of employees during the production process can waste time.

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WAITING waste

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Waiting or delays in the production process for work to be completed can waste time, decreasing productivity.