Fundamental challenges in managing effective supply chains

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Reference no: EM132581929

There are fundamental challenges in managing effective supply chains (those activities that largely affect a company's COGS and working capital deployed). The effective supply chain manager must recognize then lead the way through these challenges. The best explanation of the challenges is:

1. Trying to understand true Customer Expected Lead Time (CELT) and effort to make supply chains more responsive

2. Trying to change production mindsets from push to pull while illuminating muda.

3. Trying to make the purchase of milk more Make-to-Order

4. Use techniques like postponement and vendor managed inventory to shift inventory holding responsibility from our balance sheet to another supply chain partner

5. Identifying the adjectives that describe potential supply chain segments then implementing them throughout the company.

Reference no: EM132581929

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