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LEAN SUPPLY CHAIN WORD DESCRIPTION
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: Best Practices in Lean Supply Chain Word: A Lean Supply Chain Word (DOCX) Document, Charles M. Intrieri Consulting
