Running a business with any sort of inventory has often been described as a constant pursuit of balancing: (1) Inventory, (2) Cost, and (3) Service. In any business at any given time, any one of these points would be where management feels the most pain. So what do we do?
In this 23-page eBook, you will learn:
- How to effectively balance inventory, cost and customer service
- Why inventory is described as the FIRST lean waste
- A history of inventory models and the advantages and disadvantages of each
- How to use lean execution together with master planning
