Improving Inventory Performance Through Lean Six Sigma Approaches (Record no. 48898)
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| 000 -LEADER | |
|---|---|
| fixed length control field | nam a22 4500 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20180117133916.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 180117b xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Cheng, Jung-Lang. |
| 9 (RLIN) | 29233 |
| 245 ## - TITLE STATEMENT | |
| Title | Improving Inventory Performance Through Lean Six Sigma Approaches |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 23 -38 p. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | Lean Six Sigma (LSS) aims to assist enterprises in improving the production process, quality, efficiency and effective status, and is regarded as the latest trend in Six Sigma. The purpose of the paper is to build the LSS framework and show how to use LSS to reduce the stock cost. To achieve the research objectives, the paper reviewed the literature on LSS. By integrating Six Sigma DMAIC implementation with the lean concept, the three inventory models (basic fixed-order-quantity model, Economic Order Quantity (EOQ) model and two-bin approach) are compared with regard to reducing stock cost in a case study of Taiwanese enterprises which were able to develop and judge the LSS that best allocates organizational resources to solve this critical business problem. The EOQ model has better inventory management and is thus able to reduce the stock cost better. The organization may depend on off season and busy season demand to judge what EOQ quantity to purchase, and this EOQ model can effectively control the stock cost and meet the improvement goals of LSS. The value of the paper lies in its observation of the improvement steps following LSS implementation. It is also found that as a strategy-oriented initiative of LSS, Six Sigma activities must be adapted and modified to fit the lean management environment. |
| 653 ## - INDEX TERM--UNCONTROLLED | |
| Uncontrolled term | Lean manufacturing; |
| Uncontrolled term | Economic Order Quantity (EOQ) |
| 773 0# - HOST ITEM ENTRY | |
| Host Biblionumber | 30422 |
| Host Itemnumber | 67183 |
| Main entry heading | MURTHY, E N |
| Place, publisher, and date of publication | IUP PUBLICATION HYDERABAD |
| Other item identifier | 5557807 |
| Title | OPERATION MANAGEMENT |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Koha item type | Journal Article |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | Main Library | Main Library | 17/01/2018 | Vol 16, No 3/ 5557807JA2 | 5557807JA2 | 17/01/2018 | 17/01/2018 |