Lean Six Sigma can reduce waste in any corporation. Taking a closer look at the high and low level causes of supply chain issues can illuminate where issues are. Proper usage of LSS techniques can ...

In today’s rapidly evolving business world, the difference between thriving and merely surviving often boils down to ...

If you sell products, you may find yourself with excess inventory at some point — items you thought you’d sell, but for some reason haven’t yet been able to. Excess inventory ties up cash in products, ...

As demand softens, this inventory is likely to become excess or obsolete. For example, the global oil and gas industry stockpiles billions in parts to keep their rigs, refineries, pipelines ...