Waste No. 2 - Excessive of Inventory
27 Nov 2020
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7 Waste of Lean Manufacturing series.
Waste No. 2 - Excessive of Inventory
What it is?
How you over come it?
If you have more idea why not drops us in comment.
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Waste No. 2 - Excessive of Inventory
What it is?
- Inventory consists of your excess of Raw Material, excess of Work in Progress (WIP), Finished Goods.
- Unnecessary inventory stock up before and after in a process.
- Lack of balance in work flow.
- Failure to practices first in and first out.
- Incapable processes, long changeover time and didn't follow procedure.
How you over come it?
- Setup flow of product at the pull of customer
- Practice JIT (Just In Time).
- Implement Kanban system, used to help ensure balance the processes and prevent the build up of inventory.
- Re-layout processes to achieve continuously flows.
- Optimize your machine to be efficient and consistent output.
If you have more idea why not drops us in comment.
Sharing is Caring! Thanks!