Two Minute Videos
Week 32 – Inventory Management Mistakes, Finale
Safety stock is often seen as a holy grail for ensuring good customer service and optimal inventory levels. It is often miscalculated and mismanaged.
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Lean
Batch time is usually one of the largest components of cycle time. We provide a simple simulation to illustrate the dynamics.
Two Minute Videos
Week 31 – Inventory Management Mistakes, Part 4
In trying to keep things simple when making delivery promises to customers, companies unintentionally make planning and execution less effective and less efficient.