How can a supply chain become lean? Give at least one example of entities in a supply chain seeking to become lean. Cite sources, if any.
Lean as a buzz word has become extremely popular in the supply chain world and yes its an affirmative that supply chains are becoming leaner globally. One such example which comes to my mind immediately is the pull system which has helped companies to acheive lean tag. This has helped companies to make their marketing and sales more efficient as they can know the actual demand in the market and hence they can produce as much required in the market, hence many big players have moved from push system to pull system. Now this pull system is making inventories lean, production has got leaner and hence costs involved in all these processes has reduced alot. Hence maing supply chain lean.
If you need more examples, do let me know, i have written a paper on this too. :)
Get Answers For Free
Most questions answered within 1 hours.