The Machine That Changed the World: The Story of Lean Production

By James P. Womack, Daniel T. Jones, Daniel Roos

Categories: Business & Money, Engineering & Transportation

Based on a five-year MIT study of the global auto industry, this book by James P. Womack, Daniel T. Jones and Daniel Roos describes Toyota's system of lean production. The authors compare lean production with traditional mass production and show how Toyota achieved higher quality and productivity with less effort, space and inventory. The book introduced the term lean to a wide audience and became a classic of manufacturing and management.

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• Shane Parrish: “This is the story of Toyota’s development of lean production in the car manufacturing business.”