OPERATIONS MANAGEMENT IN THE SUPPLY CHAIN: DECISIONS & CASES (Mcgraw-hill Series Operations and Decision Sciences)
7th Edition
ISBN: 9780077835439
Author: Roger G Schroeder, M. Johnny Rungtusanatham, Susan Meyer Goldstein
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Question
Chapter 7, Problem 9DQ
Summary Introduction
To discuss: The way the lean thinking can lead to a reduction of costs.
Introduction:
Lean systems in an organization would have greater impact on the customers and their values. The goal of lean thinking is to improve the productivity of the department and the goal for any lean system is to maximize the customer value.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Discuss how lean thinking can lead to a reduction of costs (material, labor, overhead), other than inventory. Be specific.
How do you propose a lean operations strategy (a combination of 2 processes and 3 tools) that will enable the operation to eliminate waste, lower production costs, and maintain quality products, including the role of each operations management function (marketing and sales, finance, and operations) has in implementing the strategy for a furniture company?
Please make a business strartup plan on Lean Canvas Model
Chapter 7 Solutions
OPERATIONS MANAGEMENT IN THE SUPPLY CHAIN: DECISIONS & CASES (Mcgraw-hill Series Operations and Decision Sciences)
Knowledge Booster
Similar questions
- State and describe the strategic characteristics of lean systems ?arrow_forwardWhat does it mean when someone says a supply chain is too lean? Give examples of why this could be a problem.arrow_forwardUsing the temple below, Make a Lean Canvas using a product of Bag made out of recycable material "Recycled Bag" Problems 1-3 problem of the customer (you can use the 5 why or job to be done technique) Existing Alternatives How do the early Adopters solve their problem today Customer Segments Who is your customer (be specific) Early adopters People that needed your product the most Solution For each item listed on Problems, provide solution (these solution must be a feature of the product) Unique Value Proposition What makes your product unique or noticeable You can derive it from your #1 problem Don't focus on feature but rather the finish story benefit (end result of your product) High-Level concept Memorable tagline Revenue Stream How will you price your product Price relative to alternatives Keep it simple Channels How will you build a path to customer Key Metrics How to measure the success of your…arrow_forward
- A firm engages in forward vertical integration when it incorporates more stages of the value chain within its boundaries and those stages bring it closer to gaining access to raw materials. Group of answer choices True Falsearrow_forwardHow LEAN and Total Quality Management can be applied in the manufacturing automotive industry to achieve asustainable competitive advantage and be potentially linked to digital strategy for enhanced performancearrow_forwardProduction planning and control conceptarrow_forward
- What are some of the pressures that Lean systems pose for supply chains, whether in the form of process failures due to inventory shortages or labor stoppages, etc. How do these pressures apply to a firm which is actually implementing Lean philosophy in their operations.arrow_forwardExplain characteristics of lean operations in supply chain and their strengths and weakness( for each characteristic individually)?arrow_forwardGive the main issues in the case study of "Improvement of Productivity and Quality in the value chain through lean manufacturing"arrow_forward
- Briefly explains the Lean manufacturing approach and which technique you will apply if over handling is not adding any valuearrow_forwardWhat does lean production or manufacturing meant and what are its 5 tenents ?arrow_forwardGive some recommendations of effective solutions and strategies in the "Improvement of Productivity and Quality in the Value Chain through Lean Manufacturing"arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,
Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage Learning
Production and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.