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The Apple Story..

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Steve Jobs hired Tim Cook, a professional from SCM domain.

Cook reduced the number of Apple’s key suppliers from a hundred to 24, forced them to cut better deals to keep the business, convinced many to locate next to Apple’s plants, and closed tens of the company’s 19 warehouses.

By reducing the places where inventory could pile up, he reduced inventory.

Cut inventory from 2 months of product down to 1 by early 1998.

By September of that year, Cook had gotten it down to 6 days.

By the following September, it was down to an amazing 2 days worth.

In addition, he cut the production process for making an Apple computer from 4 months to 2.

All this not only saved money, it also allowed each new computer to have the very latest components available…

Excerpts from “Steve Jobs”… by Walter Issacsson

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Author: Kaizen Institute - India!

Kaizen Institute – India is part of the Global Kaizen Institute operations. Kaizen Institute was established by Sensei Masaaki Imai, the GURU of Kaizen. He wrote the 1st book 28 yrs ago and that is when it all started . We operate in 30+ countries today and have over 400+ coaches helping more then 600 organizations Learn, Apply, Sustain – Kaizen/ Operational Excellence. In India we have two physical offices – Pune & Ahmedabad and 27 coaches in all.

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