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Lean Materials Planning and Execution by Donald Sheldon

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11 METRICS IN LEAN MATERIALS MANAGEMENT

METRICS IN LEANMATERIALS MANAGEMENT

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INTRODUCTION

Metrics are the window into process. They monitor inputs, process elements, and outputs. Each view is helpful in specific process requirements. Materials managers are usually well-versed in measurements and take quickly to lean concept measures. Metrics are the drivers and source of needed information. High-performance companies do not operate without them. On the other hand, poorly-managed and poor-performing companies either have the wrong metrics ...

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