It means having unnecessarily high levels of raw materials, works-in-process and finished products. Extra inventory leads to higher inventory financing costs, higher storage costs and higher defect rates.
It means having unnecessarily high levels of raw materials,works-in-process and finished products. Extra inventoryleads to higher inventory financing costs, higher storagecosts and higher defect rates.
It means having unnecessarily High levels of RAW materials, Works-in-Process and Finished products. Extra inventory Leads to Higher inventory financing costs, Higher Storage costs and Higher Rates defect.
It means having unnecessarily high levels of raw materials works-in-process, and finished products. Extra inventory leads. To higher inventory, financing costs higher storage costs and higher defect rates.