Join us for our third webinar from Thomas Baker MSOE MIPlantE, who will be speaking to us about how to reduce inventory.
Though a necessity, holding inventory is a major expense for any business. Thomas will discuss how inventory can be reduced through the intelligent design of equipment and products.
Taiichi Ohno, considered to be the father of the Toyota Production System and acknowledged to have founded ’lean‘ practices, famously took inspiration from how supermarkets operated. In this session, Thomas will look at the lessons that can be learnt from modern supermarkets, using an automotive case study (and associated savings) where similar principles are applied.
This session builds on Thomas's previous sessions Lean Thinking in Engineering Operations and Managing bottlenecks: tips to increase capacity without spending more money (soon to be uploaded).
Thomas Baker is the academic lead for engineering at the University of Hertfordshire, and worked in industry and business for 15 years, before moving to academia in 2011. He teaches and researches in manufacturing management, supply chain management and engineering management. He has recently led a complete re-design of engineering degrees at the University of Hertfordshire to equip the next generation of engineers with the technical, digital and interpersonal skills needed to take their careers to the next level.
This presentation is a member only event. If you have any questions, please get in touch with us at email@example.com. Reminders will be sent an hour before the presentation. If you sign up after this, please get in touch. This webinar will be recorded.