Tab Article
In the age of competitiveness, to improve a company’s performance and overall profitability, these days’ day businesses have boarded on new supply chain ideas of Lean and Agile Supply Chain. Lean supply chain ensues when inventory moves so fast that organization basically holds zero inventories on hand. Supply Chain Management is expensive to operate and organizations are determined to cut costs to maximize their profits. Market conditions in fierce competitive are motivating companies to adopt Lean strategies to improve corporate financial performance, thus they practice Lean Supply Chain Management. The present book includes the role of lean manufacturing and JIT principles in SCM. The aim of this book is to explore how lean and supply chain management can be integrated to achieve world-class performance of business in today competitive world.