V4L, the success formulae

Manage Mentor
Toyota Supply Chain Management
Ananth V. Iyer, Sridhar Seshadri, and Roy Vasher
(http://www.tatamcgrawhill.com/)

Four `v's for learning

Don't dismiss `v4L' as a queer SMS code; it's one of the formulae behind the success of a world-famous auto maker, as Toyota Supply Chain Management reveals. The four Vs are variety, velocity, variability, and visibility, and L stands for learning, explain the authors Ananth V. Iyer, Sridhar Seshadri, and Roy Vasher.

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