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A Lean Supply Chain defines how a well-designed Supply Chain should operate, delivering products quickly to the end customer, with minimum waste. A Lean Supply Chain is a great enabler for any organization that strives to become more lean and efficient.

Organizations within a Lean Supply Chain are able to leverage their own Lean Journey more easily, delivering better customer value by responding more efficiently, quickly, and predictably to customer needs.

That, in turn, facilitates the operation of the Lean Supply Chain, creating a virtuous cycle that ultimately translates to superior financial performance for these organizations. Thus, organizations striving to become Lean would benefit from a systematic approach towards building and managing their Supply Chain.

A recent study that analyzed the link between Supply Chain and Financial Performance revealed that virtually all winning business strategies have, at their core, Supply Chain Strategies that provide a Competitive Advantage. The ultimate goal of a Lean Supply Chain is to bring value to your customers beyond their expectations.

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Source: A Lean Supply Chain Word document

A Lean Supply Chain

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This business document is categorized under the function(s):

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File Type: Word (docx)

File Size: 29 KB

Number of Pages: 6

Related Topic(s): Lean Supply Chain

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Initial upload date (first version): Apr 17, 2021
Most recent version published: Apr 17, 2021

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