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
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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.
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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?
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 cost, and maintain quality products, including the role of each operations management function (marketing and sales, finance, and operations) has in implementing the strategy?
Chapter 7 Solutions
OPERATIONS MANAGEMENT IN THE SUPPLY CHAIN: DECISIONS & CASES (Mcgraw-hill Series Operations and Decision Sciences)
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- Describe how lean production improves a organizations performance ?arrow_forwardWhen employing lean management strategies, maybe certain organizational effectiveness elements are missed. What are the unanticipated effects of these measures, which may have the unforeseen impact of reducing rather than increasing the effectiveness of the organization in issue, if this is the case?arrow_forwardHow does lean production improves organizational performance?arrow_forward
- How does Lean Operations and Supply Chain Management differ from traditional approaches? Describe the main characteristics of each approach and their strengths and weaknessesarrow_forwardState and describe the strategic characteristics of lean systems ?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
- What does it mean when someone says a supply chain is too lean? Give examples of why this could be a problem.arrow_forwardDescribe key leanimprovement tools.arrow_forwardA 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_forward
- How 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_forwardDescribe and state how the lean production improves organization performance ?arrow_forwardExplain and identify the strategic supply chain and process characteristics of lean systems ?arrow_forward
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