What is a Lean Supply Chain?
A lean supply chain is all about delivering a product to the end customer in the most efficient way and with the least amount of waste. It’s not about cost advantages alone. It’s the elimination of unnecessary elements and steps that ultimately lead to a substantial reduction in lead time – from manufacturing to delivering the end product. This builds supply chain resilience.
With increasing complexity in global supply chains, the lean supply chain model has become a top priority for global organizations that do not want any lag in responding to changing market demands.
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