## Inventory Record Accuracy

How you measure Inventory Accuracy depends on where you stand.

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Aug

21

2015

0

By lloucka

How you measure Inventory Accuracy depends on where you stand.

Apr

30

2015

1

By drmike

Value stream analysis is conducted typically for one specific product or service family at a time. In order to identify and distinguish families, lean practitioners use what is called a product family analysis matrix (a.k.a. product quantity process matrix (PQPr)). Many times the families can be easily discerned once the matrix is populated, other times, it is more difficult. The application of a dendogram or binary sort, can be helpful in these situations. Value stream analysis and, with it, flow kaizen, is central to any lean transformation and is specific to product or service families.

Mar

01

2015

1

By lloucka

Feb

04

2015

0

**Combinations and Permutations** How many different poker hands are there? How many different pizza orders can be made? How many different ways can this work schedule be filled out? How many different ways are there to arrange your books in a bookshelf? These are all examples of combinations and permutations. And knowing how to calculate them is a helpful tool for decision making. The basic equations are: .

Dec

19

2014

0

By markrhamel

Pitch interval (*I _{p}*) can be thought of in two ways: 1) as a unit of time representing the (usually) smallest common pitch shared among a range of products, services, or transactions that are being produced, conveyed, performed, or executed by a given resource(s), and 2) as a count of the number of intervals of a common pitch over a period of time, typically a shift or day.

Nov

27

2014

1

Life happens. Sometimes it rains on wedding days. Sometimes a supplier misses a ship date, and sometimes there are glitches in our processes. The challenge for lean practitioners is what to do about this – especially since all of these things could happen.