GM Lean Inventory Practices to Drive Liquidity
General Motors will use lean practices to better manage inventory levels in order to reduce working capital requirements. These are part of strategic steps to adapt its business to rapidly changing market conditions. ...
Via GM: Operating and related actions to generate approximately $10 billion in cash improvements
... "Aggressive actions are being taken to improve working capital by approximately $2 billion in North America and Europe, primarily related to the reduction of raw material, work-in-progress and finished goods inventory levels as well as lean inventory practices at parts warehouses. " ...
Via GM: Operating and related actions to generate approximately $10 billion in cash improvements
Labels: actions, general-motors, inventory-management, lean-practices, warehousing, work-in-process, working-capital-reduction
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posted by Frank M at 6:30 AM
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