Regression analysis is a technique that can help us understand the relationship between two variables.
Have you ever had to return a product? Chances are you have. Reverse logistics is the supply chain concept that your returns follow. Rather than following a normal supply chain flow the reverse logistics supply chain focuses on improving the reverse flow. The focus of the reverse supply chain is to support customer returns, repair of damaged items, remake or remanufacturing of designs that might not meet the customers expectations and recycling materials. The reverse supply chain can in fact be designed in such a way that it operates at a profit, recovers costs and best of all creates loyal customers.
One of the best ways to understand what is going on is to go to the Gemba and see for yourself. This is the central idea behind the term Genchi Genbutsu, which is a core principle in both Lean and Six Sigma.
Genchi Genbutsu (English: Go and see for yourself): The best practice is to go and see the location or process where the problem exists in order to solve that problem more quickly and efficiently. To grasp problems, confirm the facts and analyse root causes.
Reference - Toyota Blog
Both Lean and Six Sigma require a sound understanding of issues and opportunities before moving forward. Whether management, leadership or shop floor Genchi Genbutsu supports correctly understanding a problem in its entirety before coming up with countermeasures. The nature of the phrase is less about the physical act of visiting a site but more to do with a personal understanding of the full implications of any action within an environment as a whole.
The waste hierarchy is a common tool used in green and environmentally focused organizations. The tool helps to rank the different options that you could select when managing waste. As you can see the highest priority is shown at the top and descends as shown below:
In the comments section below list one way you could prevent waste, one way you can reuse some items, one way you could begin recycling and one way you can recover some materials, energy or value from waste.
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