Like many other areas that lean is applied to a company's supply chain or "extended value stream" is a tightly linked set of processes. These processes extend beyond one's organization and connect the entire system together. The Apics dictionary ©2015 defines the term supply chain as the global network used to deliver products and services from raw materials to end customers through and engineered flow of information, physical distribution and cash. This includes everything from purchasing, manufacturing, moving, storing and selling.
How Can Lean Help a Supply Chain? Lean principles and concepts can be applied to this global network just like it can be applied to our door to door value streams. Some benefits of applying lean principles to the supply chain are:
2 Comments
11/29/2022 08:50:01 am
You are very welcome. And, thank you for being a part of Lean Strategies International LLC's community.
Reply
Your comment will be posted after it is approved.
Leave a Reply. |
GlossarySubscribe below and receive lean, six sigma, operations, supply chain, logistics, distribution and business terms in your mailbox.
CLICK HERE TO SUBSCRIBE Archives
November 2023
|