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Dictionary by pitch.dog
Lean, quality improvement & root cause · Working

Inventory waste

Also called: excess inventory

ELI5

Excess material or work held beyond operational need.

Used in conversation

“Compare inventory waste with the same cohort and period before drawing a conclusion.”

Pitch context

You will see “Inventory waste” in operating plans, procurement packs, supplier reviews and supply-chain reports when the discussion reaches lean, quality improvement & root cause.

Why it matters: In lean, quality improvement & root cause, the definition can change ownership, capacity, process, cost or safety decisions.

When the words have to travel

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Sources & evidence · 3

Direct term-level sources and supporting source families.