Tuesday, March 16, 2010

Lean Retailing : Don't WASTE anymore time,get on to it !

Currently Toyota might be going through tough times ,but the Lean Management principles which they have taught the world has benefited so many companies.
Lean Management principles are not just confined to Manufacturing anymore ;Lean Retailing - applying Lean principles in Retail is definitely an effective approach to identify , analyze and eliminate waste across the spectrum of Retail.
Starbucks , has reported bottomline benefits due to its lean initiatives.
Below is a snapshot of their Lean approach to coffee making workspace.

Read the full story in Wall Street journal
Lean Retailing should be the way to look ahead for retailers small or big.