Business Pitch 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.

Sources & evidence · 3

Direct term-level sources and supporting source families.