Penn State Football Oversells Tickets to Sold Out Game
TAGS: consulting | deal | defects | glitch | lean | lean blitz | michigan | oversell | penn state | rework | scrap | student | ticketmaster | tickets | white out The opposite of having too much inventory you can’t sell is selling inventory you don’t have and confirming orders you cannot fulfill. Both can be equally costly – inventory absorbs …Continue reading →
Time – The Non-Renewable Resource
TAGS: china | cost savings | currency | democratic | efficiency | england | india | lean | marion barber | queen | savings | somalia | student | time | time savings | universal | value adding | waste The most important type of savings provided by lean implementation? It’s not money, it’s not people. It’s time. Time is the ultimate non-renewable natural resource. Once a second has passed, …Continue reading →