Lean Management is a philosophy of managing any organization, and is based on the principles of minimizing the waste (in terms of work, processes, energy and raw materials) that does not add any value to a product. The implementation of the Lean Management culture in an organization focuses on creating products of the highest quality, while at the same time using available resources to their maximum.
Lean Management is the most widespread organization management philosophy in the world. A study of manufacturers found that 71.6% of the 1,100 companies surveyed had implemented Lean practices in their operations.