The innovations are designed to work together to minimise variation, reduce the lead time to customer, ensure stock is available in each of the buffers to support a 95%+ Customer Service level at the optimal inventory level with the highest return on capital employed (ROCE)
Tag: purpose
Systems: Elements – Interconnections – Purpose
A system comprises of a number of subsystems, each consisting of elements, interconnections and purpose. A frustrating aspect of these… Read more Systems: Elements – Interconnections – Purpose