Lean supply chain implementation and risks
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It is possible to implement a lean supply chain while using a global supply chain however the process must be implemented in a safe manner. The key is to hedge the different risks involved.
How does a company implement a supply chain given all the risks that affect a company? In addition, how does a company hedge the various risks
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Solution Summary
The solution discusses implementation of lean supply chain and hedging of risks.
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A company can implement a supply chain with all the risks affecting the company by clearly analyzing all the risks in advance and developing a strong risk management plan to go with the implementation plan. The risk management plan will allow ...
Education
- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
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