According to Jeffery Liker’s book, The Toyota Way, it’s estimated that most business processes are 90% waste and 10% value-added work. Value-added activities in a process are considered those that ...

Just months after snarled supply chains led to widespread inventory shortages, the proverbial pendulum has decidedly shifted to the other side. Now, companies have a different problem. They have ...

Anna Baluch is a freelance writer from Cleveland, Ohio. She enjoys writing about a variety of health and personal finance topics. When she's away from her laptop, she can be found working out, trying ...

Many of those in supply chain management learned early on the principles of just-in-time (JIT) manufacturing. Inspired by the work of Taiichi Ohno at Toyota Motor Co., the JIT revolution tightly ...

Supply Chain Management is how business gets done. Supply chain management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point-of-origin to ...