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 lean initiative and lean inventory


Using Inventory Optimization to Reduce Inventory Levels in a Lean Environment
Small and medium businesses (SMB) need to address inventory challenges by using a tightly integrated approach that reflects the dynamics of the extended supply

lean initiative and lean inventory  Advanced Lean Thinking , Lean Advancement Initiative , Lean Insider , Lean Learning , Lean Software Engineering , Motivate Lean Thinking , Resources on Lean Manufacturing . Giving small and mid-size manufacturers and distributors the ability to reduce inventory holdings, increase inventory turns and improve customer fulfillment. Introduction Inventory takes many forms, ranging from raw materials to fi nished goods. While holding large amounts of inventory enables a company to be responsive to fl

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

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Help Desk for the Health Care Industry

Help Desk is an application for assisting and managing calls for support from computer users. It also includes computer and software inventory tracking along with technical support knowledge bases.  

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Documents related to » lean initiative and lean inventory

Integrating Lean Practices and ERP


Many organizations are undertaking some form of lean initiative, but if one were to ask one hundred different people, one would probably different explanations from each person. With a variety of methods, techniques, and terms bandied about, many are forced to use the same definition that the late Justice Potter Stewart used for pornography: “I know it when I see it.” Shop floor practices that move inventory to the point of consumption, like kanban, are also associated with lean. But what really is lean? And does it go beyond the shop floor to impacts all areas of the business?

lean initiative and lean inventory  Lean Practices and ERP Many organizations are undertaking some form of lean initiative, but if one were to ask one hundred different people, one would probably different explanations from each person. With a variety of methods, techniques, and terms bandied about, many are forced to use the same definition that the late Justice Potter Stewart used for pornography: “I know it when I see it.” Shop floor practices that move inventory to the point of consumption, like kanban, are also Read More

Moving Beyond Lean Manufacturing to a Lean Supply Chain


Most lean manufacturing deployments target production operations, but can also be extended to other supply chain processes. To realize the multiplicative benefits of real time information and reduced inventory, companies must assess their production environment and supply chain activities.

lean initiative and lean inventory  report some type of lean manufacturing initiative in process, while less than 10 percent report transition of lean principles beyond plant production. However, these progressive companies show that the extension of lean manufacturing concepts across the interdependent supply chain network of suppliers, customers, and partners can result in real value creation for the savvy enterprise. Lean supply chain operations require continual planning, monitoring, and refinement. They can also undergo Read More

Begin at the End: A Good Lean Strategy Starts with Defining Your Ultimate Goal


You know the statistics—lean can shorten your lead times, reduce inventories, cut operating costs, free up resources, and more. But countless surveys have confirmed that most lean initiatives fail to deliver expected and needed results. Why? Are successes confined to a restricted list of industry sectors? Are only "lean experts" capable of leading an organization through a successful implementation?

lean initiative and lean inventory  starting point for a lean initiative in US manufacturing companies. Kaizen is the Japanese word for continuous improvement. This approach involves empowering work teams to rapidly (hence, the word blitz) improve specific problems within their areas of responsibility. On the surface, this seems like a very good idea, and it can generate immediate and measurable benefits. The use of kaizens, especially if championed by management, finally proves to the workforce that the company is interested in listening Read More

The Next R(E)volution of Lean


By seeing a business as a "value system" for customers, companies can shift lean strategic priorities towards growth-oriented targets instead of cost-cutting. Instead of squeezing additional margins to boost the bottom line, lean philosophy can increase demand response and sales, while maintaining and lowering cost per unit—thus enabling lower prices, a competitive edge, and more business.

lean initiative and lean inventory  how people start a Lean initiative is critical to the success of the first Lean project. If the first project isn't successful, there is a good chance that there won't even be a second effort, and the first project won't be successful if there is no measurable impact to the bottom line or to strategic objectives. Unfortunately, most Lean efforts begin with a tactical approach, rather than a strategic one. This is a key factor in the high percentage of failed Lean programs. Ironically, a tactical approach Read More

Inventory Management Technology Strategies for Distribution


Inventory has been—and continues to be—the lifeblood of the distribution marketplace. While many companies are slow to adopt new strategies and technologies, a growing number of distributors are leveraging inventory practices to improve key metrics like customer retention, gross margins, and inventory turns. Read these research survey findings to find out how you can make better inventory management technology decisions.

lean initiative and lean inventory  Inventory Tracking Management | Lean Inventory Management | Material Inventory Management | Network Inventory Management | Online Inventory Management | Product Inventory Management | Purchasing Inventory Management | Retail Inventory Management | Simple Inventory Management | Small Business Inventory Management | Small Inventory Management | Supply Chain Inventory Management | Trial Inventory Management | Virtual Inventory Management | Warehouse Inventory Management | Web Based Inventory Management | Read More

APICS 2009 Preview Webinar Series, Session 5: Managing Inventory in a Changing Economy


The 2009 APICS International Conference and Expo is starting next week in Toronto (Canada). One of the educational tracks is focusing on how to manage inventory in a changing economy. As inventory is a challenging issue for all types of manufacturing organizations, regardless of industry. If an organization can manage its inventory without losing focus on demand and where its dollars are being

lean initiative and lean inventory   Read More

The Transformation of the Lean Enterprise


Over the past 30–40 years, manufacturers have made dramatic leaps in improving their businesses by using lean manufacturing and Six Sigma techniques. The systems these businesses use, however, have changed relatively little in comparison. The ERP systems manufacturing companies rely on to run their business are greatly at odds with the strategy and processes lean manufacturers use to maintain their competitive advantage.

lean initiative and lean inventory  Transformation of the Lean Enterprise Over the past 30–40 years, manufacturers have made dramatic leaps in improving their businesses by using lean manufacturing and Six Sigma techniques. The systems these businesses use, however, have changed relatively little in comparison. The ERP systems manufacturing companies rely on to run their business are greatly at odds with the strategy and processes lean manufacturers use to maintain their competitive advantage. Read More

Six Steps to Effective Inventory Management


You can take two approaches to inventory management: assume it’s a necessary evil and implement an inventory reduction program when cash gets tight, or put an active inventory management process in place, and continually improve the business results. Learn how to view inventory as cash that can be invested in other ways: move from reactive inventory management to lean and active inventory management in six easy steps.

lean initiative and lean inventory  reactive inventory management to lean and active inventory management in six easy steps. Read More

Challenges and Future Plans of a Product Inventory Disposition Vendor


Despite FreeFlow's success at helping organizations regain some margin of profitability for excess inventory, the company still strives for expansion and improvement as a product inventory disposition vendor, with the aim of meeting international environmental regulations down the track.

lean initiative and lean inventory  FreeFlow,inventory asset management,inventory asset recovery,product inventory disposition,supply chain management,SCM,end-of-life,EOL,excess and obsolete inventory,E&O,excess active inventory,refurbished inventory,private auction liquidation platform,pre-auction services,post-auction services Read More

How to Optimize Your Inventory and Free Your Capital


Inventory optimization enables companies to improve the performance of both the supply and maintenance functions. Your inventory optimization solution should not only identify optimal holdings of each item, but do so automatically—and analyze usage, as well as adjust stock holdings and reordering points on an ongoing basis. Find out how inventory optimization can help you reduce downtime and increase productivity.

lean initiative and lean inventory   Read More

Inventory (Out of) Control


In a market as competitive as the chemicals industry, providing high quality products to clients quickly and efficiently while meeting the rigorous regulations enforced on chemicals from formulation to shipment is no easy feat. Many companies struggle with sales forecasting and maintaining and tracking inventory. Many chemical manufacturers are turning to enterprise resource planning (ERP) software systems to add business-wide visibility to inventory control and reduce costly downtime.

lean initiative and lean inventory  Deacom ERP,chemicals industry,tracking inventory,inventory,sales forecasting,enterprise resource planning,ERP Read More

10 Tips to Optimize Your ERP Initiative


Enterprise resource planning (ERP) is notoriously complex. Horror stories abound about failed installations, unresponsive vendors, and wasted investments. But as daunting as ERP can be, many organizations can’t operate without it. Working closely with your vendor to configure a solution, choosing the right delivery model, and following this list of 10 tips can help you optimize your ERP initiative. Find out more.

lean initiative and lean inventory  Tips to Optimize Your ERP Initiative Enterprise resource planning (ERP) is notoriously complex. Horror stories abound about failed installations, unresponsive vendors, and wasted investments. But as daunting as ERP can be, many organizations can’t operate without it. Working closely with your vendor to configure a solution, choosing the right delivery model, and following this list of 10 tips can help you optimize your ERP initiative. Find out more. Read More

Configuration Intelligence Initiative


Today’s configuration management tools focus on collecting and reporting statistics, logs, and failures, but fail to address the need for analyzing this data to determine best practices for improving efficiencies. That’s why Configuresoft has developed software that enables you to link core systems configuration and change management disciplines into actionable analytics. Find out how it can work for you.

lean initiative and lean inventory  Intelligence Initiative Today’s configuration management tools focus on collecting and reporting statistics, logs, and failures, but fail to address the need for analyzing this data to determine best practices for improving efficiencies. That’s why Configuresoft has developed software that enables you to link core systems configuration and change management disciplines into actionable analytics. Find out how it can work for you. Read More

The When, Why, and How of ERP Support for Lean


Certain lean initiatives can be hugely strengthened with a synergistic enterprise resource planning (ERP) implementation—and vice versa. In other cases, the two efforts should be viewed as separate initiatives. But it doesn’t depend on “what you want”: specific lean initiatives will fail if specific ERP aspects are neglected. However, other lean initiatives and ERP functionality have little in common.

lean initiative and lean inventory  of ERP Support for Lean Certain lean initiatives can be hugely strengthened with a synergistic enterprise resource planning (ERP) implementation—and vice versa. In other cases, the two efforts should be viewed as separate initiatives. But it doesn’t depend on “what you want”: specific lean initiatives will fail if specific ERP aspects are neglected. However, other lean initiatives and ERP functionality have little in common. Read More