Too much is bad for you Lean Inventory waste
Channel: Systematic Thinkers
Date: 2023-12-27

This video refers Inventory WASTE or as it is originally called MUDA this is an  excess inventory that is not needed to sustain a steady flow of work. Excess inventory can lead to product defects or damage, greater lead time in the production process, and an inefficient allocation of capital. To reduce inventory waste, companies can purchase raw materials only when needed and in the quantity needed, reduce buffers between production steps, and create a queue system to prevent overproduction