DOWNTIME: What Every Business Wants to Avoid
- DOWNTIME; a lean six sigma acronym to help avoid eight business wastes that may be costing your company money
- Though they’re intended for the manufacturing industry, the acronyms can be applied to any service based industry to avoid profit loss
- The wastes themselves are anything that don’t add value to your business, including “activities, services, products or add-ons” that you cannot charge your customers for