Conducting a thorough process analysis is an essential first step for the business in this scenario. By mapping the inventory time in the pipeline and observing that non-value-added time is nearly on par with value-added time, it's evident that there are inefficiencies present within the process. A thorough process analysis allows the business to identify specific bottlenecks, redundancies, and areas of waste that contribute to non-value-added activities. This deep dive into the processes will provide insights into where improvements can be made, prioritizing actions that enhance efficiency and productivity.
The subsequent steps taken can then be more informed and targeted efforts based on the identified issues from this detailed analysis. Addressing the root cause of inefficiencies through an analysis will lay the foundation for any technological enhancements, workforce modifications, or adjustments in inventory levels. This approach ensures that any changes made are based on data-driven insights, leading to better utilization of resources and overall improved operational efficiency.