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What is lean supply chain management? What does this strategy offer businesses? (e-business)

What is lean supply chain management? What does this strategy offer businesses? (e-business)

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Lean supply chain management defines how should a well designed supply chain must operate and deliver products quickly to the end customer with the wastage to be minimum. Organisations which try to become lean will definitely benefit from this systematic approach towards building and managing a supply chain.
This strategy offers e-business many benefits searches it facilitates the operation of supply chain creating a cycle which ultimately translates into superior financial performance of of the company. Companies which are having a lean supply chain are able to to leverage their own journey easily delivering better customer value by responding more efficiently quickly and predictably towards the needs of the customer. Lean supply chain management is a great enabler for companies which try to become more lean and efficient in their operations of supply chain.A Recent research has shown that lean supply chain and financial performance have virtually all the winning business strategies and supply chain strategies at their core which provide them a competitive edge.
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