Inventory Waste

In this lecture Lean Strategies International LLC will discuss three different topics related to inventory. By the end of this lecture you will know: 1. Different types of #inventory 2. The effects of excess inventory. 3. General solutions that will help you combat the waste of inventory. This lecture comes from Lean Strategies International LLC's 8 forms of Waste Course Found Here: https://www.leanstrategiesinternational.com/waste-training.html Please #subscribe and Like the Video to support the Channel Here and receive more FREE Content: https://www.youtube.com/channel/UCTo9HhaU7S1hnKxb8Munlvw?sub_confirmation=1 Learn More About the Just in Time System Here: https://www.leanstrategiesinternational.com/glossary/just-in-time Learn More About the 8 Forms of Waste Here: https://www.leanstrategiesinternational.com/glossary/8-wastes Learn More About Transportation Waste Here: https://www.leanstrategiesinternational.com/glossary/transportation-waste Learn More About Inventory Waste Here: https://www.leanstrategiesinternational.com/glossary/inventory-waste Learn More About Motion Waste Here: https://www.leanstrategiesinternational.com/glossary/motion-waste Learn More About Waiting Waste Here: https://www.leanstrategiesinternational.com/glossary/waiting-waste Learn More About Overproduction Waste Here: https://www.leanstrategiesinternational.com/glossary/overproduction Learn More About Overprocessing Waste Here: https://www.leanstrategiesinternational.com/glossary/overprocessing-waste Learn More About Defects Waste Here: https://www.leanstrategiesinternational.com/glossary/defect