by Dr Lisa | replenishment, theory of constraints, wip, work in process
If you have inventory, be it finished goods or work-in-process (WIP), then you have capacity. I mention this because many of the companies who have inventory also have difficulty delivering on-time. However, the capacity is being wasted. Do you KNOW, in your gut,...
by Dr Lisa | cash velocity, demand pull, Dr Lisa, Dr Lisa Lang, quantity discount, replenishment
Continuing our cash velocity discussion started on March 16, 2007 Side Bar for Wednesdays March 21 post: To minimize the amount of materials we have on hand, we should examine our purchasing policies. Many times we purchase in large quantities to save money. If we...
by Dr Lisa | DBR, demand pull, Dr Lisa Lang, drum buffer rope, eli goldratt, eliyahu m goldratt, goldratt, reducing cash to cash cycle time, replenishment, theory of constraints
Reduce Material On-Hand to Reduce Cash-to-Cash Cycle Time To reduce the number of days we have material on hand, be can implement Goldratt’s Theory of Constraints Demand Pull[1] solution. We know from Demand Pull that historically we compensated for not having a...
