Tag Archives: inventory

Sunk Cost, Loss Aversion, and Cannibalism: Lean Muppet Series Post 3

After losing an “I” and his tie, this New York baker is ready for Cookie to leave. I cannot count the number of times I, as a consultant, have been called in to diagnose an obvious problem. Cookie Monster…now he … Continue reading

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What If I Had A Slack Card?

“All things in moderation, including moderation.” ― Mark Twain In yesterday’s post, you may have noticed that we have a “Slack Card” in our Personal Kanban for the day. The problem we, like most people, were having was this: Productivity … Continue reading

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Inventory Makes Work

Lean talks a lot about inventory. A major tenet of Lean is to reduce inventory. Companies that stock up on too much stuff have to maintain that stuff, manage it, and then deal with it when it is no longer … Continue reading

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