Why does the lean supply chain management strategy work better
in some industries rather than others?
Why does the lean supply chain management strategy work better
in some industries rather than others?
Solutions
Expert Solution
Lean supply management is better in
some industries rather than other industries because:
Nature of
business: The supply management is depended upon the
nature of business that what kind of business you are doing. If the
business is of such nature that goods are sensitive in nature or
are perishable in nature, then it requires due care. The basic
concept will be depended upon this factor only because all other
factors and steps are secondary.
Size of industry:
Size of industry or your business also matters. If the business is
of large scale and not a small one than it would be difficult to
supply goods within a quick span of time or quicker than that of
small scale business.
Transportation:
Mode of transportation also affects the effect of lean supply
management in different industries. As if goods are of small size
and weight also matters which has direct impact over the mode of
transportation.
External Factors:
These are those ftctors which affects the business through external
factors. Some of the external factors are political factor, legal
factor and technological factor. In case where it is a legal
regulation that industries need to follow certain guidelines or
steps in a particular state then it would automatically affect the
business as well as supply chain because they all are
inter-connected.
Explain why the company’s supply chain strategy is successful, for
example, the selection and management of suppliers, and
determination of information needs and systems
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