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Lean Six Sigma Logistics: Strategic Development to Operational Success by Robert Martichenko, Thomas Goldsby

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FLOW:FINANCIAL FLOW

A company must be profitable to survive. Profits reward shareholders, provide growth opportunities for suppliers, and result in increased products and services for the customer. Any form of waste will drain financial resources, a runoff that may be either visible or invisible. Every dollar spent and earned should be treated with disciplined respect. What would our organizations look like if every dollar were treated as if it were our own personal money? The logistics function touches every aspect of financial flow in ...

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