Tag: Inventory

A culture of learning makes the difference, not "low inventory" Last year, I wrote a post that criticized those, including the Wall St Journal, who...

Thanks as always to Ryan McCormick for this... there's always so much good reading, listening, and viewing shared here by him! Get these directly...

You're a retailing or manufacturing executive who hasn't heard of MIT's "Beer Game" management simulator? Then you're probably swimming in a lot of excess inventory. If...

Listen: Here is the episode if you want to stream the audio: As I did two weeks ago, when Jamie Flinchbaugh and I talked about "Lean...

Thanks as always to Ryan McCormick for this... there's always so much good reading, listening, and viewing shared here by him! News, blogs, articles, resources,...

In Episode 27, Mark and Jamie switch things up a bit with a morning recording of the show. While we could have just started...

Thanks to Professor Peter Hines and the Enterprise Excellence Network for inviting me to present this webinar. Mine was the first in a series...

First, an announcement... you can enter to win one of three eBook copies of Measures of Success: React Less, Lead Better, Improve More. Unlike...

For decades, manufacturers have been tripped up by the simplistic idea that Lean is about "zero inventories." It probably didn't help that one of...

Mark's note: Today's guest post is by Paul Critchley and he brings up important points about not reducing inventory too low before improving the...

The Wall St Journal loves writing about how "Just In Time" (JIT) is a risky inventory strategy. See my past posts about how the...

My friend Ryan, who works at a hospital in Canada, sent me a few pictures of an Industrial Engineering textbook that he used almost...