8 Jun 2020

7 Lean Wastes – Over Processing

2020-05-28T19:46:29-04:00June 8th, 2020|Categories: Lean Manufacturing|Tags: , , , , , , , |

Over processing occurs anytime more resources are used than truly needed to satisfy customers. Unfortunately, over-processing is one of the most difficult wastes to accurately identify and assess, making it rampant in many organizations.

25 May 2020

7 Lean Wastes – Inventory

2020-05-26T21:29:25-04:00May 25th, 2020|Categories: Lean Manufacturing|Tags: , , , , , , , , , , , |

While inventory is often thought of as an asset, being one of the 7 wastes suggests that may be wrong-headed. In fact, as a waste, inventory can actually represent tremendous loss. Not only can inventory cost 40 percent or more of its direct cost to carry, it ties up precious cash that could better be used elsewhere in the business. A simple definition of the waste of inventory is any on-hand material other than what is needed right now to satisfy customer demand. Inventory can be categorized in various ways.

Fasteners and Class C Component Supply

Falcon supplies fasteners and inventory management services to manufacturers in North and South Carolina, Kentucky, and the surrounding areas.

Charlotte Office

10715 John Price Road
Charlotte, NC 28273

Phone: 800.438.0332

Mobile: 704.588.4740

Mailing Address

P.O. Box 7429 | Charlotte, NC 28241-7429

Phone: 704.588.4740

Fax: 704.588.5753

Kentucky Office

11536 Commonwealth Drive
Louisville, KY 40299

Phone: 502.266.6292

Fax: 502.526.5567