Inventory management concepts have changed a lot due to the pandemic. Lean manufacturing principles once equated excess inventory with waste, but many manufacturers are now adapting by moving from just-in-time to just-in-case inventory strategies.

Join this webinar to discover how manufacturers can achieve optimal inventory levels, preventing assembly line shutdowns due to missing parts. We'll also discuss how to avoid overstocking, which inflates costs and complicates operations.

Learn how to put the Theory of Constraints to work in manufacturing, with practical takeaways from Spirit AeroSystems' successful overhaul. Participants will gain actionable strategies for determining optimal inventory buffers and enhancing the resilience of their production processes.

Learning Objectives:

• Identify the key challenges in assembly plants that lead to stoppages and excess inventory.
• Explain how ToC Demand-Pull creates resilient flow.
• Compare Demand-Pull to conventional methods like forecasting and Kanban.
• Steps to right-size inventory buffers for service and resilience.

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