WIP is an important concept in Lean and Agile. By definition, WIP is: a form of inventory, usually unfinished goods which still require further work, processing, assembly and or inspection. This type of inventory is usually found within steps or sub-processes of a production process. Only raw materials which have commenced to move through their value adding …
Category Archives: knowledge
Knowledge and Knowledge Management
There is a lot of talk about Communities of Practice (CoP). You may have already heard about something called a Center of Excellence (CoE). While the 2 entities have common goals and objectives and generally support improvement throughout the organization, they are targeted towards different groups and ways of interacting. As background, it is important …