Monday, June 24, 2019

Lean management Essay Example | Topics and Well Written Essays - 250 words - 3

Lean management - Essay ExampleProcurement establishes a set of rules, strategies and plans to be followed when getting products and services that are added to the supply chain. Order management keeps track of the whole process it determines where some changes can be made. Logistics cover for the complex systems that incorporate thumping organizations expanding rapidly and need to grow simultaneously (Blanchard, 2010). The managing of returns accelerates the process of realizing the companys progress, loss or profit. Finally, the process of planning and forecasting is trivial on the upcoming of the enterprise. All of the discussed features are adapted using an efficient or responsive supply chain.An effective supply chain is characterized by long production times, outsize batch sizes and high set up costs. An example is the process of implementing upgrades in the company, the process has to be thoroughly researched, and the best options selected (Blanchard, 2010). Responsive chai n supply is characterized by short production lead times, small batch sizes and low setup costs. An example is the introduction of a new product in the company cod to its demand. A food processing company, for example, will shift to developing a newly discovered flavor for its customers when it is on high

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