Comments on: The Seven types of Waste (Inventory)

By: student loan

student loan — Mon, 31 Oct 2011 20:45:48 +0000

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By: Peter Bersbach

Peter Bersbach — Sun, 10 Apr 2011 23:52:27 +0000

Inventories can be trick. To much or to little can cost a company big time. BUT it is a waste. What is better to control is speed and quality of production. With High quality and quick response one can reduce or eliminate inventory. That is what we strive for in Six Sigma.

By: inventory optimization

inventory optimization — Fri, 08 Apr 2011 23:34:56 +0000

Inventory is the most important in a certain company/business, without it a business will not certainly survive because you don’t a proper info in your returns and cost.

By: Tucson Rental Homes

Tucson Rental Homes — Thu, 27 Jan 2011 18:51:23 +0000

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By: Peter Bersbach

Peter Bersbach — Wed, 23 Sep 2009 16:23:22 +0000

This is very true. As you create new SKU’s you tend to not reevaluate the one’s you have to control the number you have. Always trying to meet your customer needs sometimes create more work and inventory of SKU’s that costs you money.

Great comment.
Peter Bersbach
peter@bersbach.com
(520) 829-0090

By: John Fisher

John Fisher — Wed, 23 Sep 2009 11:24:42 +0000

Companies look at inventory as a pile of SKUs. This is one of the biggest challenges in addressing the inventory problem. If you look inside the SKUs, you can see the attributes that causes customers to buy the SKU. Ability to manage the inventory at that level will solve the piling up issue. It will also give you insight into how to give the customer a ‘close enough’ SKU to meet his need – hence increasing turns, increasing availability and reducing inventory.

Look at http://www.emcien.com
for more details.
There is a great article on this at
http://blog.emcien.com
.-= John Fisher´s last blog ..Home Page Article – Sales Effectiveness =-.