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Waste No. 2 - Excessive of Inventory

27 Nov 2020
Waste No. 2 - Excessive of Inventory
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7 Waste of Lean Manufacturing series.

Waste No. 2 - Excessive of Inventory
 
What it is?
  1. Inventory consists of your excess of Raw Material, excess of Work in Progress (WIP), Finished Goods.
  2. Unnecessary inventory stock up before and after in a process.
  3. Lack of balance in work flow.
  4. Failure to practices first in and first out.
  5. Incapable processes, long changeover time and didn't follow procedure.    

How you over come it?
  1. Setup flow of product at the pull of customer
  2. Practice JIT (Just In Time).
  3. Implement Kanban system, used to help ensure balance the processes and prevent the build up of inventory. 
  4. Re-layout processes to achieve continuously flows. 
  5. Optimize your machine to be efficient and consistent output.
This may help your process to overcome excessive of Inventory, the waste No.2 in Lean manufacturing. 

If you have more idea why not drops us in comment.

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