Explain your two selections by analyzing the changes

Assignment Help Supply Chain Management

Reference no: EM133607764

Problem

The following list two specific ways the JIT approach helped your chosen company improve their global competitiveness and supply chain efficiency:

1. Reduced inventory levels
2. Improved supplier relationships

Explain your two selections by analyzing the changes the company implemented and how (or how not) the lean philosophy was beneficial for the company in those specific areas. As indicated, you can use an example of a company where the lean philosophy did not work for them and analyze what went wrong, which assumptions they made that were faulty, and what they can do to correct the situation.

Reference no: EM133607764

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