Inventory is the materials, parts or units sitting unused in a process. Excess inventory before a process step indicates a bottleneck and maintaining more inventory than required ties up capital and takes up valuable storage area. Inventory is one of the 8 Wastes.

For a better understanding of Inventory and an overview of Lean Six Sigma,check out our Free Lean Six Sigma Yellow Belt Training, Green Belt Training or Lean Training.

Tracy O'Rourke

Tracy is a Managing Partner & Executive Advisor at GoLeanSixSigma.com. She is also a Lean Six Sigma Green Belt Instructor at University of California San Diego and teaches in San Diego State University’s Lean Enterprise Program. For almost 20 years, she has helped leading organizations like Washington State, Charles Schwab and GE build problem-solving muscles.