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inventory

Dueco Hires Six Sigma-trained Supply Chain Manager

Utlility vehicle and crane manufacturer Dueco Inc. has appointed Michael Johnson as its new materials manager. With more than 17 years of experience in the materials and operations field, Johnson has had extensive training in the Lean and Six Sigma methodologies.

Volcano Provides Tough Lesson for Europe’s Lean Organizations

By Randy Woods The rumbling and ash plumes have subsided for now over Europe’s skies, but the echoes from April’s Eyjafjallajökull volcanic eruption in Iceland are still being felt throughout the Lean supply-chain structures of the continent and across the globe. Some European companies that have embraced the just-in-time (JIT) inventory strategy of the Lean…

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Focus on Inventory Management Revives Plastics Manufacturer

Roughly a year ago, plastics company PolyOne Corp., located near Cleveland, Ohio, USA, was flirting with bankruptcy. Saddled with high rising material and energy costs, excess inventory problems, production delays, and the crippling global economic downturn, PolyOne looked to a bleak 2009 after suffering $273 million in losses in 2008. In February of this year,…

Lean Six Sigma to Reduce Excess and Obsolete Inventory

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…

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