Meaning of the word "lean production" in English

What does "lean production" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

lean production

US /liːn prəˈdʌkʃən/
UK /liːn prəˈdʌkʃən/

Noun

a manufacturing methodology that focuses on minimizing waste within manufacturing systems while maximizing productivity

Example:
Implementing lean production helped the company reduce costs and improve efficiency.
Many automotive manufacturers have adopted lean production principles.