Lean Supply Chains: Principles and Management Practices Cover Image

Икономични вериги за доставка: принципи и управленски практики
Lean Supply Chains: Principles and Management Practices

Author(s): Dobroslav Emilov Mollov
Subject(s): Economy, Supranational / Global Economy, Business Economy / Management
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: Supply Chains; Supply Chain Management; Lean Supply Chains; Global Supply Chains; Lean Thinking; Lean Manufacturing
Summary/Abstract: Modern companies, challenged by globalization, accelerated dynamics and stronger competition in global markets, are facing the need to explore new models for their global supply chain management initiatives. Today’s customers have many competing offers to choose from; they want to receive their order as soon as possible; they have high expectations in terms of quality, service and value they receive and are willing to pay; they often change their wishes. The principles of lean thinking teach companies how to perform only those activities that add value to the customer and increase returns. Lean principles, applied to global supply chain management, enable companies to focus on their customers’ needs, achieving high level of competitiveness and long-term profit by producing high-quality and valuable products and delivering them to the customers in a fast and flexible way. This report presents the concept of lean supply chains and discusses the specific aspects of their management. Summarized are the main ideas of lean thinking and the guiding principles of lean supply chains. The implementation of these principles in various aspects of modern global supply chain management practices is commented, and the benefits and risks in building lean supply chains are discussed.

  • Page Range: 214-225
  • Page Count: 12
  • Publication Year: 2015
  • Language: Bulgarian