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That wonderful curve created by ranking products in descending activity, and then plotting their cumulative values, has been a mainstay in designing processes and systems.
We find great comfort in knowing that we can address 80% of the problem by focusing on 20% of the products.
We can more easily imagine the flow characteristics of product groups at different points along the curve.
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ABOUT THE AUTHOR
James M. Apple, Jr. is a Director in The Progress Group. Prior to co-founding The Progress Group in 1991, he was a Partner with Coopers & Lybrand's SysteCon division. During 1992-1995 he served as a Senior Systems Advisor with Vanderlande Industries, a major conveyor and systems provider in Europe.
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