Discuss major types of Waste, companies has to keep in mind during production.
To meet all the challenges organizations try to introduce different manufacturing and supply techniques. Management of organizations devotes its efforts to reduce the manufacturing costs and to improve the quality of product. To achieve this goal, different manufacturing and supply techniques employed. The last quarter of the 20th century witnessed the adoption of excellent, lean and integrated manufacturing strategies that have drastically changed the way manufacturing firm’s leads to improvement of manufacturing performance (Fullerton and McWatters, 2002).
Consult chapter 7 of your textbook or secondary available data through internet and answer the following questions.
Question:
Why Companies adopted Lean Thinking and JIT model? (1.5 Mark)
Discuss major types of Waste, companies has to keep in mind during production. (1.5 Mark)
Due to pandemic COVID 19 emergency, do you think agile supply chain is the right concept in this kind of situation? Give reason with example. (1.5 Mark)
Reference(0.5 Mark)
Answer preview Discuss major types of Waste, companies has to keep in mind during production.
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