Last quarter one of my clients built a natural process of inventory control and recently described it in the form of a set of guidelines. Subsequently, I found several requests including a discussion in a LinkedIN group for a rule of thumb for stocking levels. Well we know that things change with time and static
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Several people requested for a copy of the presentation made at the Colloquium of Production Engineers in the 26th Indian Engineering Congress on 2011. Since many of these requests came from those who are just about getting into TOC (Theory of Constraints), I thought of providing a full transcript. What I did was, picked up
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