Category: Supply Chain

Excess and obsolete inventory write-offs are chronic supply chain problems costing businesses billions of dollars each year. Unfortunately, improvement projects that are deployed to eliminate these problems often have a short-term focus. In other words, the current levels of excess and obsolete inventory are usually addressed, but not the root causes of the problem. Often […]

Lean and Six Sigma generally tend to be viewed as methodologies that are most successfully applied in a manufacturing environment. In the last several years, however, companies also have had notable results in transactional and administrative processes. Recently Medtronic, a global leader in medical technology, has successfully adapted Lean Six Sigma to apply even to […]