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Integrating Product, In formation and Financial Flows in the Returns Management Process


The strategic importance of managing return goods is gaining attention in the academic literature. Poorly managed processes can impact a company’s brand reputation, sustainability i mpact and profitability. Returns...



 

Glossary > L > Lean Thinking  

 

Lean Thinking


Source: Procurement Glossary
Author: Paul Rogers
Institute: CIPS - UK

Courtesy of


 

The adoption of lean principles and behaviours follow from a commitment to a belief that the supply chain can be re-engineered, and to the selection of lean thinking as the most appropriate design.  This may involve challenging existing mindsets, as systems that ‘push’ stock into the supply chain require everyone in the supply chain to ‘buy in’ to a new way of thinking.  See also Agility.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 





MADEL: Roadmap to Industry 4.0: Planning & Scheduling in the personal & home care industry


Established in 1977 Madel Spa, is a leading Italian manufacturing company specialized in products for home & personal care. Madel’s mission is the capability to create high-quality and environmentally sustai...