Wednesday, August 28, 2019

Supply Chain Assignment Example | Topics and Well Written Essays - 250 words

Supply Chain - Assignment Example This is due to the fact that all business operations are similar in that they are mostly concerned with the development of a product in the most cost effective way. Lean is hard to implement due to the simple reason that it is a change process just like any other and therefore employees and other players in the organisation may resist this change as it threatens the status quo. This is the main reason why lean has faced various challenges in implementation. In a lean system suppliers are important in that they help coordinate the delivery of raw materials and other inputs used in the production process. Customers on the other hand help the company in terms of suggestions of product enhancement as well as any other improvements that may be needed in order to ensure the success of the product. It is important to note that the lean philosophy is aimed at the maximisation of both the quality and productivity in order to ensure maximum value to the customer. These two therefore go hand in hand in order to ensure that the production process results in products of highest quality. The triple bottom line is also known as people planet and profits and is used to explain the fact that businesses are responsible to stakeholders and not shareholders. In the manufacturing sector, it is used to ensure that companies do not carry out any activities that may pollute the environment. In the service industry, this is used to ensure that any practices do not affect any stakeholders such as the suppliers or customers

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