W3 D1: Students need to contribute three substantive posts in this discussion by the due date indicated. The substantive posts can be any combination of responses and replies.
Lean production is a concept that involves improving processes by eliminating waste and excess inventory. The basis for the concept is the just-in-time philosophy pioneered by Toyota. The concept has now been expanded to include all supply chain processes with the intent of creating value for the customer by eliminating all non–value–adding activities.
Reducing inventory is one of the easiest ways to reduce costs. How can we eliminate inventory all together without losing customers?
Your suppliers and customers are typically out of your control. This makes it difficult for you to implement ‘lean’ across the supply chain. What are the roles of suppliers and customers in a lean system? How can you ensure suppliers and customers are on board with your lean initiatives?