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Supply Chain Glossary

Glossary > L > Lean Supply  

 

Lean Supply


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

Courtesy of


 

Lean enterprises can only achieve their full potential if the participants in their supply chain share similar behaviours and processes. This means that upstream and downstream suppliers need to adopt similar practices so that supply is ‘pulled’ through the chain and each participant is focused on waste elimination and value creation.  Automotive supply chains have been criticised for inventory levels being low at the car assembly stage, while upstream and downstream supply chain participants have as much inventory as other industries.  See also Agility.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 






Last update 1 Dec 2017
November PMI signals robust manufacturing growth
   Source: Markit US Manufacturing PMI   -  IHS Markit
United States 

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Education
 
19
Feb
2018
Advanced Warehouse Management and Inventory Control
     Miami
19
Feb
2018
Supply Chains: Purchase and Suppliers Management
     New York
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Logistics and Transportation Techniques
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Fleet Planning and Management
     New York
 2 
Apr
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Purchasing Techniques, Negotiation and Cost Reduction
     Miami

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International Agenda