Little’s Law
The inventory in a process is related to the throughput rate and throughput time by the following equation: W.I.P. Inventory = Throughput […]
Month: February 2006
Warehousing Maturity
Recently a supply chain executive asked me to rate his warehousing operations. "OK, on what scale?" I said, trying to be honest […]
Inventory and Demand Analysis
ABC Analysis can be used to assign the appropriate level of control and review frequency based on the annual dollar volume of […]
Tale of Two Business Systems
by James Womack In the fall of 1990, Dan Jones, Dan Roos, and I co-authored The Machine That Changed the World, our […]
Change, I Ching, and Six Sigma
A critical component of any successful Six Sigma project is to overcome resistance to change. The reason: without acceptance, any process improvement […]