What is Lean Supply Chain?
While the standards of typical supply chain management are known to most business owners, a new wave of lean supply chain management is becoming more popular for a variety of reasons. The lean supply chain management starts with what effective supply chains hopes to accomplish. In general, it starts with operating on the same principles of efficiency but emphasizes overall quality. This means a reduction of defective goods to zero, lowering waste, and increasing efficiency as a result. It emphasizes a lower number of returns by customers so that every product that is sold is kept. Reducing quality control issues and having to handle customers with their returns, reduces overall expenses. Most lean supply chain examples are defective products, such as recalled cars.