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Impact of WIP on Lead Time

Reduce WIP, and Lead Time goes down!! How? Look at this experimental simulation to understand. Customers relentlessly demand shorter lead times. Meet this demand and delight the customer, simply by reducing WIP (Work in Progress) Inventory instead of investing in IT (Information Technology), Machines, or labour. The beauty is that reducing WIP does not need investment; it does, however, require a discipline of limiting the inventory BETWEEN operations, thereby linking them and destroying isolated islands of work. Any challenges in limiting the WIP can be met through techniques such as In-Out-Box Technique, SMED (Single-digit Minute Exchange of Dies), Cellular Working, and many others. Future videos in this Pearls of Wisdom series conceptualized by Dr Shrinivas Gondhalekar and Deepa Kamat will shed light on these techniques. Apply the idea in everyday work and enjoy the blessings of the delighted customer.