Part 1Review the 5-S Guidelines provided in Chapter 8. Using
Part 1Review the 5-S Guidelines provided in Chapter 8. Using your desktop, a coffee table, or other small area, attempt to “5-S” that area. In 200-250 words, discuss some of the challenges you faced when trying to implement 5-S and ways you overcame them.Part 2Read the Forbes article, “Risky Business, High Payoffs (Links to an external site.).” Based on the content presented in the article, what is the value to the company and the supplier in developing and implementing a Third Party Supplier Relationship Management System (3 P.L.S.M.S.)? How can such a system provide greater efficiency? In 200-250 words, describe the value to the organization. (While this discussion about a 3PL supplier relationship management asks you to explain how such a system can provide greater efficiency for an organization, please also think of any possible disadvantages of using the 3PL. Can you name any?)
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