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this post was submitted on 03 Aug 2023
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Lean/six sigma. Its kinda hard to describe, but its basically a way of doing business that is 'more efficient'. Its principles are having as little inventory on hand as possible and trying to make sure there is no process waste by making sure everything happens "just in time". For everyone but workers it works pretty well to generate more profit and produce more goods, or at least it did until the supply chain got completely fucked.
Yeah. And it's wildly risky for the business. Another sign that the leadership intends to inflate the stock price, sell their stock, and move to an island somewhere while the company fails.