Discuss how overstock and obsolete items can have negative impacts on the business also not having enough of the right stock can impact.

Words: 127
Pages: 1
Subject: Business

Consultancy Report Assessment Brief

Using the audio files along with the process map, ITO diagram, and supply network diagram, Conduct a Lean analysis of the “Case Study” order process, and using this construct some applied plans to make the business ‘leaner’…

• Mention the principles of lean management: value, value stream, flow, pull and perfection. All relating to the information given in the case.

• Identify areas in the case where the business may already be operating lean.

• Do an analysis to identify 7 different Muda waste within the case and a few others on Muri and Mura and state what effect they have on the business.

• Discuss how overstock and obsolete items can have negative impacts on the business also not having enough of the right stock can impact.