Lean Strategies International
Menu

Glossary

Would you like to add a term to the community? Click Here!

Supply Chain

11/29/2022

2 Comments

 
Supply Chain
Click on the Photo to Subscribe to Our YouTube!
  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:
  • Inventory can be reduced throughout the supply chain (RAW, WIP and FG) creating a more efficient "turnover".
  • Sharing lean techniques or offering support to help vendors improve quality, efficiency and resource utilization can be a win win situation.
  • Lean principles when applied to sales can free up sales teams to go and create new opportunities.
  • Driving waste from the value stream creates a healthier capital environment that in turn benefits the world. 
Click Here to Visit our Training Page!
2 Comments
liana link
11/28/2022 08:55:48 pm

thanks for info

Reply
Lean Strategies International LLC. link
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.


    Glossary


    Subscribe below and receive lean, six sigma, operations, supply chain, logistics, distribution and business terms in your mailbox.

    CLICK HERE TO SUBSCRIBE

    Categories

    All
    #
    01. Add A Term
    3D
    3PL
    3P's
    5 Principles
    5S
    5 Why's
    6σ
    8 Wastes
    A
    B
    C
    D
    E
    F
    G
    H
    I
    J
    K
    L
    M
    N
    O
    P
    Q
    R
    S
    T
    U
    V
    VSM Shapes
    W
    X
    Y
    Z

    Archives

    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    May 2020
    April 2020
    March 2020
    November 2019
    October 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    March 2018
    February 2018
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    November 2015

Lean Strategies International LLC.
Follow Us on YouTube or Our Other Channels Below.
             ©2015-2021 Lean Strategies International LLC.  
  • Home Page
  • Services
    • Training >
      • Waste Training
      • Introduction to Lean
      • Lean Champions >
        • Lean Six Sigma White Belt
        • Lean Six Sigma Yellow Belt
      • Lean Tools You Can Use Series! >
        • The 5S System
        • The ©Gemba Methodology
        • The FISH Methodology
        • The CURE Methodology
        • Quick Changeover with REDUCE
        • Mistake Proofing and the Poka Yoke System
        • The Just in Time System
  • Lean Resources
    • Listen to The Gemba
    • Glossary
    • Lean and Six Sigma Quotes
    • Recommended Reading
    • Events
    • Masters of Lean and Six Sigma
    • Career /Jobs
  • Store
    • Workspace
  • Home Page
  • Services
    • Training >
      • Waste Training
      • Introduction to Lean
      • Lean Champions >
        • Lean Six Sigma White Belt
        • Lean Six Sigma Yellow Belt
      • Lean Tools You Can Use Series! >
        • The 5S System
        • The ©Gemba Methodology
        • The FISH Methodology
        • The CURE Methodology
        • Quick Changeover with REDUCE
        • Mistake Proofing and the Poka Yoke System
        • The Just in Time System
  • Lean Resources
    • Listen to The Gemba
    • Glossary
    • Lean and Six Sigma Quotes
    • Recommended Reading
    • Events
    • Masters of Lean and Six Sigma
    • Career /Jobs
  • Store
    • Workspace