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Today, Mike Negami, Lean Sigma Black Belt, will show how to create a Standardized Work Chart on an Excel template to utilize Takt Time effectively. Standardized Work, a method established by Toyota, consists of Takt Time, Working Sequences, and Standard In-Process Stock. This detailed tutorial is a follow-up to the Takt Time video, so make sure to watch that first. Toyota uses tools like the Kanban System and One Piece Flow, cascading effects to frontline workers through the Standardized Work Chart. Creating a Standardized Combination Table is essential for developing the Standardized Work Chart.