Supply Management Chains
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Is leagility possible on all supply chains? Discuss possible situations where leagility has maximum benefit for the organization.
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Solution Summary
The solution discusses the possibilityof leagility on all supply chains and possible solutions where leagility has maximum benefit for the organization. References for more information are also included.
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Is leagility possible on all supply chains?
The term 'leagility' comes from two words, 'lean' and 'agile'. It denotes integrating the lean and agile manufacturing paradigms in the total supply chain. It applies mostly to the operations of lean and agile supply chains. Supply chain managers need lean supply lines to eliminate waste and to keep the costs low. They also require agile supply chains so they get the right amount of the product to the right place in order to satisfy the ever-changing nature of the marketplace. Traditional management recommended a lean supply chain for products with a stable demand, yet low profit margin. Conversely, products with a high profit margin and volatile demand should have an agile supply chain (Van der Vorst). Modern managers may benefit from ...
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