Consult textbook chapter 7 or secondary data on the internet and answer the following questions.
Consult textbook chapter 7 or secondary data on the internet and answer the following questions.
Question:
1.What do think about lean Thinking? Why have Manufacturing Companies adopted Lean Thinking? (2 Marks)
2.Briefly describe major types of Waste, that companies must keep in mind during production. (2 Marks)
3.What are the benefits from Suppliers to end users for using lean thinking? Assess the reasons (suitable examples), (2 Marks)
4.With the advent of artificial intelligence. The agile supply chain is a perfect concept for future SCM? Give reasons with suitable examples. (2 Marks)
5.Why overproduction is considered to be the biggest waste for manufacturing companies? (1Mark)
6.Reference >, = to7 (1 Mark)
Each answer should be within the limit of 200- 250 words.
The Answer must follow the outline points below:
Lean Thinking and JIT Concept
Agile Supply chain
Their Main functions
Reasons with suitable Examples
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