Lean Production

Critical Industries — Mining, nuclear and gas control can’t afford an interruption in operation and safety monitoring. In 1960 to 1975, with the development of decision support systems in supply such as the Material requirements planning (MRP), you can emphasize the timing issue (inventory, production, compounding, transportation, etc.) of industrial organization. The values and quantities of inventory were not remotely accurate, no item numbers existed, purchasing used multiple spreadsheets to determine if there was enough inventory on hand for production schedule, inventory costs were not accurate and not up to date, unable to price jobs accurately because of lack of true costing of the inventory.

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