Template:Inventory: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "==={{waste|Inventory}}=== '''Headline''': Usually a second-order waste, where there are bottlenecks on your production line and half-processed inventory stacks up waitin...") |
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==={{ | ==={{wasteprov|Inventory}}=== | ||
'''Headline''': Usually a second-order [[waste]], where there are bottlenecks on your production line and half-processed inventory stacks up waiting for the next step, meaing the real waste here is {{wasteprov|waiting}}. But time is money, so the longer the overall negoation process, the more expensive the {{wasteprov|inventory}}. | '''Headline''': Usually a second-order [[waste]], where there are bottlenecks on your production line and half-processed inventory stacks up waiting for the next step, meaing the real waste here is {{wasteprov|waiting}}. But time is money, so the longer the overall negoation process, the more expensive the {{wasteprov|inventory}}. | ||
In the context of contract {{tag|negotiation}}, inventory is coterminous with {{wasteprov|waiting}} — not being a [[bearer instrument]], a legal {{tag|contract}} has no intrinsic value even when completed — it is what you do ''with'' it that creates the risk and reward — so having a hopper overflowing with half-completed [[credit support annex|credit support annexes]] does not of itself represent a large waste. But the fact that they are stacked up waiting for an answer for someone or other, be it the client, trading, risk stretches out the production time. | In the context of contract {{tag|negotiation}}, inventory is coterminous with {{wasteprov|waiting}} — not being a [[bearer instrument]], a legal {{tag|contract}} has no intrinsic value even when completed — it is what you do ''with'' it that creates the risk and reward — so having a hopper overflowing with half-completed [[credit support annex|credit support annexes]] does not of itself represent a large waste. But the fact that they are stacked up waiting for an answer for someone or other, be it the client, trading, risk stretches out the production time. |