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Lean Supply Chain Management

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Added on  2020-02-12

Lean Supply Chain Management

   Added on 2020-02-12

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Lean supplyChainManagement
Lean Supply Chain Management_1
ContentsINTRODUCTION.......................................................................................................................................3TASK..........................................................................................................................................................31. Supply chain in warehousing and inventory management...................................................................32. Problematic issues in warehousing and related inventory management activities and suggest improvement............................................................................................................................................43. Difficulties and challenges in lean management..................................................................................6CONCLUSION...........................................................................................................................................7REFERENCE............................................................................................................................................17Books and Journal.................................................................................................................................17
Lean Supply Chain Management_2
INTRODUCTIONThis report is based on the lean supply chain management. This report contains all the information which is related on the lean supply chain management. Lean supply chain management is reduces the waste and non-value added activities. Basically, lean supply chain management is used by the manufacturing companies. This report shows the concept of the lean supply chain management. In this report, it also involves the tools and techniques, lean management principles and framework of the supply chain management. It identifies the risk andproblem of the manufacturing companies. The lean supply chain management minimizes the waste. So, this report is totally depending on the lean supply chain management. Waste can be in time, cost and in the inventory of the manufacturing companies. This report shows the framework of the supply chain management (Myerson, 2012). TASK1. Supply chain in warehousing and inventory management Supply chain is important in warehousing and in inventory management activity. The supply chain management is important in the warehousing and its inventory management activities. The warehousing is important to reducing the waste of resources and waste of time andin the non-value added activities. The supply chain management is also important in the inventory management because it manage the inventory or stock systematically. The supply chain management reduces the preventable inventory. Through the controlling of unnecessary inventory, a company manager can manage the supply chain of the business and can reducing the unnecessary space of the warehousing. The supply chain management is helpful in controlling the activities of the warehousing and inventory (Fernie, Sparks, 2014). Lean management: Lean management is a process which is useful for running an effective business. The lean management involves the continuous improvement for the long period of time. It is useful for the manufacturing the product. The lean management always involves the effective quality of the product. Lean management is also helpful in the reducing the waste of resources and waste of time. So, it is the effective process for the business.Principles and tolls of lean management: There are some principles of the lean management which is useful for the business manager. They are given below:● Identify value: It identifies the value of the product. The value is play a important role in the satisfaction in the consumer needs and wants for the effective product. So, it is the first principle of the lean management.
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