5 Lean Inventory Principles: Ending Inventory Waste - Wasp Buzz

5 Lean Inventory Principles: Ending Inventory Waste - Wasp Buzz Avatar Posted by MikeWasp under Strategy
From http://www.waspbarcode.com 673 days ago
Made Hot by: thecorneroffice on January 23, 2014 10:21 pm
Lean inventory management is a philosophy derived from the Toyota Production System of the 1940s. The car manufacturer developed the system to eliminate waste and inefficiency in their manufacturing environment. Due to both its successful implementation and positive financial impact, this methodology has gained popularity in all manner of business. Consider applying these five, lean inventory principles to your small business as a way to eliminate inventory waste.


Written by jeremyestes
672 days ago

Toyota kills it when it comes to inventory production, and was a great example for this article.

Written by bryanenglish
672 days ago

More small business' should consider adopting lean principles to get a step up on their competitors.

Log in to comment or register here.

Three Key Voluntary Policies for Women

Today 4 in 10 women are the sole or primary breadwinners for their families,¹ and they do more than twice the amount …

Tom Watson Cleans Up With Startup Guide

When it comes to starting a business, Tom Watson advises other entrepreneurs to do what he says, not necessarily follow … More
Editor's Picks

Have you tried BizSugar's new video posting feature?
It's time to up your game with video on BizSugar!
Post your small business video to BizSugar today!
Did you know you can now post video on BizSugar?