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Let’s start to learn about 5s and 7s. 5S is a Japanese tool that become evolved by Toyota as part of their lean production system. 5S is an improvement tool for organizing & maintaining a disciplined, safe, clean and productive workplace.
To effectively utilize a company’s short-term assets and liabilities, working capital management is an essential function. E-commerce and other online marketplaces brought in a new era of optimization and efficiency in the management of a company’s working capital.