My take of the 7 Deadly wastes:

  • Transportation:  Where the value of the product does not change, only it's location.
  • Inventory:  Like a ticking time bomb taking up space waiting to become obsolete.
  • Movement:  Efficiently transforming energy into wasted time.
  • Waiting Making valuable time disappear into thin air.
  • Over production Prime real estate being consumed by Inventory in waiting.
  • Over processing:  The art of introducing cost that will never be seen, used, appreciated or paid for.
  • Defects:  A full house of wasted Labour, Materials, Energy, Time, Space and overheads, with the added potential to annoy customers.