Lean
Batch time is usually one of the largest components of cycle time. We provide a simple simulation to illustrate the dynamics.
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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.
Two Minute Videos
Week 29 – Inventory Management Mistakes, Part 2
We have seen inventory managers and planners make the mistake of monitoring on-hand to determine how much inventory they should order. This is an incomplete approach and we describe the appropriate measure for good control.