Consider a few examples of our inventory “gone wild.” Inventory management is admittedly one of the last areas for standardization. Poorly managed, a contractor can experience higher than ...

Lean Six Sigma can reduce waste in any ... The second major cause of excess and obsolete inventory is poor demand management practices. Some lower-level root causes may include inaccurate ...

Key Points Lean Six Sigma tools like Value Stream Mapping and predictive analytics help organizations identify inefficiencies ...