Just-In-Time was developed in post-World War II Japan as a production model that reduces inventory costs while meeting customer demands in real-time. Accurate demand forecasting is vital to this method of manufacturing and delivery.JIT relies on local sourcing, which may be more expensive. Furthermo...Read more

#CostEfficiency #EnvironmentalBenefits #Flexibility #IncreasedCashFlow #InventoryReduction #MarketAdaptability #QualityImprovement #ResourceOptimization #SimplerLogistics #SupplierRelationships

Six Sigma employs statistical tools and techniques to enhance processes for greater accuracy. Teams equipped with special training carry out this methodical improvement strategy.Friedrich Gauss' work established the bell curve that forms one of the fundamental pillars of Six Sigma theory.DefineSix S...Read more

#CompetitiveAdvantage #ContinuousImprovement #CostReduction #CustomerSatisfaction #DataDriven #EmployeeEngagement #GlobalRecognition #ProcessStandardization #QualityImprovement #RiskManagement