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Waste elimination is one of the most effective ways to increase profitability / efficiency in businesses. To eliminate waste it is therefore important to fully understand exactly what waste is and where it can be found. Toyota, the Japanese automobile manufacturer, after years of work to remove waste they identified seven areas where waste was most prominent. Use this tool to identify 3 wastes in each of the 7 areas then identify the cost, ease of removal to end up with your 3 key wastes to work on initially.