What’s Loss Analysis?
Loss Analysis come from “Mottainai”, It is a Japanese Word (もったいない!) “What a waste!”, “Dislike for waste”
Ms. Wangari Maathai (Kenyan Environmentalist), Nobel Peace Prize Winner in 2004
She was impressed by the concept of word “Mottainai” and took it as the equivalent to the English phrase “Reduce, Reuse, Recycle” and “Respect the earth”
She promoted the use of the word MOTTAINAI as international expression to protect environment.
What is Losses?
We are listing waste, we are eliminating waste, we are reducing waste, we love and cherish the earth.
Waste is any activity that adds no value to the product or service.
We need to do root cause analysis to eliminate the source of the waste.