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Software Functionality Revealed in Detail
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 lean strategy and lean inventory


Lean Asset Management--Is Preventive Maintenance Anti-Lean?
How can we determine the right maintenance strategy for a specific asset? To meet the objectives of lean, we need to evaluate the cost of failure in terms of

lean strategy and lean inventory  a role in lean. Lean manufacturing's focus is eliminating waste, for example: Inventory—Inventory must always be minimized. Defect correction—Resources spent on defect correction are waste. Unnecessary processing—All unnecessary activities, particularly non-value-adding ones, are to be avoided. Unnecessary motion—Materials and work in progress (WIP) should follow a minimal path through the factory. Transport—Transport of materials should simply be avoided. Time in transport does not add value.

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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.

Compare Now

PPM for Internal Departments

A business practice that assists organizations to align their portfolio of projects with their business strategy. Typically IT departments employ an IT governance framework to ensure that their PPM strategy is put into action. With the increasing demand of IT departments to justify their project investments, PPM software has risen in popularity as the tool of choice. It allows both executives and IT decision makers to gain insight into their IT portfolios. PPM software allows IT managers to prioritize projects, allocate resources where needed, and gain financial insight into their portfolio investments. 

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Documents related to » lean strategy and lean inventory

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?

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i-Lean


Chiron's flagship product, i-Lean, is a logistics modeling and design tool built for warehousing, manufacturing, and retail environments. It employs a pull methodology used in conjunction with a lean inventory management strategy within a distribution or manufacturing facility. This is accomplished by integrating dozens of variables to generate inventory management solutions down to the stock-keeping unit (SKU) level. In addition to deriving operational recommendations, i-Lean lays out the cost components of each solution. The application establishes the foundation for a warehouse management system implementation, and supports long-term inventory management maintenance programs. Using product demand, volumetrics, vendor lead time, material handling costs, and additional variables, i-Lean can make recommendations for material flows, inventory levels, and storage media types. It can also recommend cycle and safety stock levels along with bin sizes, as well as provide slotting recommendations. Annual operating costs can be recommended, and what-if comparisons of the costs and benefits of different inventory management strategies are supported.The results of an analysis run can be used in the Warehouse Design and Slotting Analysis features of i-Lean. These features use demand or actual ordering statistics for each part (such as order frequency or average order size) to recommend how a warehouse should be zoned, and how each part should be stored.

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Enhancing Lean Practices: Lean Adoption in the Industrial Machinery and Components Industry


Customer churn rates are higher than ever: although businesses say they are devoted to loyalty, their management systems and budgets do not support that claim. But in a landscape of similar products, cutting down on defection—or churn—is vital. There are in fact four steps to improving loyalty and retention which, if focused on the appropriate customers, will improve profitability.

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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.

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Empowerment as a Growth Strategy


If there's one constant in any business today, it's pressure. And dealing with pressure can lead managers toward the temptation of taking complete control. However, this often stifles the one element that enables companies to break away from the pack: employee-driven innovation. Learn why empowering your customer-facing employees is the new path to achieving extraordinary, sustainable results—and find out how to do it.

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Let the (Excess) Inventory Flow!


Because companies focus primarily on new product development and promotion, the problem of excess and obsolete inventory, once addressed, often leads to both the inventory and dollars flying out the door. There should be smarter ways of handling this problem.

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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.

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Inventory Reduction: Effectively Turning Excess Into Cash


In virtually all manufacturing companies, there is a direct correlation between inventory levels and overall business performance. In fact, CEO's and CFO's believe that their companies consistently carry 25 to 40 percent or more inventory than is needed.

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Creating a Web Strategy


One of the best starting points for determining a web site strategy is to understand both the market that your company operates in and the needs of your key stakeholders. But most companies today are highly complex and political, making the identification and prioritization of stakeholders a difficult task. Discover the three key broad stakeholder groups that you need to factor into your web strategy planning.

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PeopleSoft Strategy a Good Deal for JD Edwards Customers


Putting PeopleSoft's strategy to work for the JD Edwards community. What can the JD Edwards install-base expect from the PeopleSoft merger?

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