Inventory IS waste. Inventory also IS necessary. How can lean manufacturing tools help your team control it better?
Lean manufacturing is a philosophy of continuous improvement, helping a Rhode Island manufacturing company become more resilient and grow by eliminating waste. Inventory IS waste because it consumes capital and accounts for 20%-50% of a company’s assets.
What to Expect
In this info session, you’ll learn
- WHY inventory is both a waste and a necessity for RI manufacturers
- WHAT causes inventory waste
- WHAT lean tools could help reduce waste and achieve inventory accuracy
- HOW training on Inventory Control & Planning can improve your bottom line
Presenter Ted Kennedy will share learnings from his experience streamlining warehouse/distribution and packing processes as an automotive manufacturer. Presenter Annie Unger will bring insights from training hundreds of RI manufacturing leaders in Lean principles and tools.
With global supply chain challenges expected to remain a top issue for manufacturers in the post-pandemic years, inventory management is more important than ever. Register today to learn how you could strike the right balance in inventory size and position your company for growth.
About the Presenters
Polaris MEP Project Manager Ted Kennedy has 35 years of experience within Operations and Engineering in the metalworking, toy manufacturing, and automotive manufacturing industries. He is a Lean leader with expertise in streamlining manufacturing, warehouse/distribution, retail packaging, and office processes.
Among other achievements, Ted created plant layouts for new 30,000 Sq. Ft. and 120,000 Sq. Ft. buildings and modified building layouts on three other facilities consolidating manufacturing and warehouse space by 30% to 40% using Lean tools. He also helped design a bar code system for use in manufacturing and shipping which was in use for over 15 years. He is a Six Sigma Black Belt.
Workforce Project Manager Annie Unger joined Polaris MEP after more than a decade of technical educational experience at the New England Institute of Technology, designing courses such as Metrology, Quality & Manufacturing Planning and instructing workforce training curriculum. A popular Lean and Six Sigma professor, she excels at teaching process improvement methods and ensuring tools are applied successfully.
Polaris MEP is committed to offering the best business improvement programs to Rhode Island Manufacturers.
In order to achieve that goal and to justify continued U.S. Department of Commerce funding for these services, participants are asked to provide impact data and assessment. You’ll be asked for feedback through a short online survey within 1-3 days of this program and possibly again through an impartial third-party survey firm, 6-12 months after the course ends.