Technology is in a roll these days. A newly launched product today is obsolete the next day. So manufacturing companies of technology products often deal with inventory.
IBM serves a global market and thus you can imagine how they manage the supply chain and inventory. Due to fast depreciation in technology products, machines go to the inventory are not worth as much as they age. So, IBM conducted a Six Sigma project to reduce their hardware inventory.
The steps:
- determine the issue
- perform a root cause analysis
- find the solution
- establishing the results of the project
- learn from the whole process
