Tag: 3m
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Milk Run System: Turning Logistics Efficiency into a Competitive Advantage
“The more inventory a company has, the less likely they will have what they need.” – Taiichi Ohno Introduction Whenever we go to the market to buy groceries, we naturally create a mental plan before we start shopping. Based on our shopping list, we decide the order in which we will visit different shops to…
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Difference Between Heijunka and Takt Time: Balancing Speed and Stability for Business Excellence
“Plans are only good intentions unless they immediately degenerate into hard work.” – Peter Drucker Introduction When we plan a long drive of, say, 600 km, we may estimate that, at an average speed of 60 km/h, we will reach our destination in 10 hours. However, in reality, the journey often takes longer. Unless we…