Category Archives: Inventory Management

Global Robotics Industry Is Growing At A Robust Rate

April 18, 2012 – according to the latest issue of Manufacturing & Technology News, global sales of robots increased by 30 percent in 2011 to 150,000 units, a level that “exceeds all expectations,” according to the International Federation of Robotics … Continue reading

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Why Is Inventory a Liability in the World of Lean Manufacturing?

Inventory is an asset in accounting terms, but it is considered a liability in the Lean Manufacturing world. Why? Because it becomes obsolete, expiration dates need to be tracked continuously, it gathers dust and rust, occupies valuable warehouse space, gets … Continue reading

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