Do you know what WIP is? No? You must have fallen asleep in business school! Work in Process, also known as WIP inventory, is all the work and products created on the path to making something of value that is to be sold.

In Lean thinking, waste is anything that does not contribute to creating customer value. When I was recently asked to temporarily step into the ScrumMaster role for my team, I was able to see the power of the impediment process to eliminate waste.