Lean management programs are no longer restricted to a narrow segment of manufacturing companies. A wide range of medium-sized and large companies from different industries have deployed, to varying ...

Today we want to look at the negative impact that inventory can have upon our profits and performance. Consider a few examples of our inventory “gone wild.” Inventory management is admittedly one of ...

Empty grocery store shelves in April 2020 and bare car dealerships in 2021 led to a lot of finger pointing. And much of the blame fell on lean inventory or just-in-time supply chain management.

The COVID-19 pandemic has created unprecedented challenges for the auto industry, delaying launches, halting production, and necessitating new safety protocols. However, much like the rest of society, ...

Kanban is an inventory scheduling system that allows companies to stock only needed components and arts in the production or distribution process. Lean manufacturing systems use the Kanban as a ...

Beyond Meat will keep costs and inventory lean as it aims to turn cash-flow positive this year despite some budget-conscious consumers opting for cheaper alternatives to plant-based proteins, ...

If you are in the accounting department in a lean manufacturing company, and your company uses a standard costing system, it is inevitable that the you will be faced with dealing how your standard ...

Chevy dealer inventory levels were ranked among the lowest in the U.S. auto market last month as sales pace decreased across the industry, per the latest data.