Streamlining Procurement And Inventory Management Leads To Increased Productivity
Streamlining Procurement And Inventory Management Leads To Increased Productivity
2 PagesSTREAMLINING PROCUREMENT AND INVENTORY MANAGEMENT LEADS TO INCREASED PRODUCTIVITY Problem A biotechnology company was planning to relocate to a new headquarters to accommo- date growth. As part of the move, the company wanted to streamline tasks and increase effciency. Scientists, technicians, and other skilled employees were wasting nearly 5,000 hours a year on ancillary tasks such as inventory management. A review determined that the lo
