Lower inventory, less storage = lean production
Lean production is all about waste elimination; about producing what is needed and when it is needed. High inventory represents one of the obvious wastes in the manufacturing process.
What are the main disadvantages?
It’s not necessary (and sometimes not even possible) to set strict WIP limits. Start by mapping and understanding your value streams. You can analyze your current production with Production Tracker – and identify your weak points. Use the tool to monitor your stock as well as the overall material flow.
If you have a good overview of your production process, it’s easier to optimize your planning. The planning module helps you create optimal plans that reflect production capacity and customer demand. Thanks to stock level projections as well as real-time production status updates, the solution enables you to avoid overproduction and optimize your WIP levels.
Thanks to the internal logistics module, you have a full control over your logistics processes. Use the kanban loop dashboard to monitor your semi-finished products. Productoo helps you set and stick to your WIP limits.
If you digitize the material flow, your work centers become more connected, which helps reduce your product lead time. Following the principles of pull system, the solution allows you to start new work only when it’s needed (either due to customer demand or e.g. safety stock replenishment).
The benefits of implementing Productoo solutions? Better use of production capacity, optimal pace of work, shorter lead time, improved cash flow!
Do you struggle with high inventory? Would you like to optimize your cash flow with lean solutions?
Help your clients improve their production and internal logistics processes!