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Lean-MBA, Lean Management Business Architecture Guide (PDF)
The provided text offers a comprehensive exploration of Lean thinking, originating from the Toyota Production System (TPS) and popularised by figures like James Womack. It details key Lean principles such as Just-in-Time (JIT), which encompasses Takt Time, Flow, and Pull systems, alongside tools like Kanban for material control and SMED (Single Minute Exchange of Dies) for setup reduction. The document also covers Total Quality Management (TQM), including FMEA (Failure Mode and Effects Analysis), Root Cause Analysis (RCA), and Mistake Proofing (Poka-Yoke), and introduces supporting methodologies like Training Within Industry (TWI), Kaizen (continuous improvement), and Gemba Walks. Furthermore, it discusses the application of Lean in broader contexts like supply chain management and office administration, and explores its intersection with Six Sigma and the Theory of Constraints (TOC), all while emphasising the critical role of leadership, employee engagement, and a supportive organisational culture for successful Lean implementation.$ 29$ 39 -
OpEx – Inventory Management
This source provides an extensive overview of inventory management within supply chain fundamentals. It introduces Vishnu Rayapeddi as the author, highlighting their significant experience and qualifications in the field. The text thoroughly defines inventory and inventory management, outlining key objectives such as customer service and cost minimisation. Various types of inventory are explored, alongside the costs associated with inventory, including holding, ordering, and shortage costs. The document also differentiates between independent and dependent demand and explains various order quantity strategies, focusing on the Economic Order Quantity (EOQ) model and the Quantity Discount Model, complete with practical examples. Furthermore, it details ABC analysis for inventory categorisation, its procedural steps, and implications for inventory management policies, including cycle counting and different inventory valuation methods like FIFO, LIFO, and Weighted Average. Finally, the text briefly touches upon Kanban systems as a method for production control.
$ 39$ 44OpEx – Inventory Management
$ 39$ 44













