Supply Chain Glossary

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Lean Thinking


Source: Procurement Glossary
Author: Paul Rogers
Institute: CIPS - UK

Courtesy of


 

The adoption of lean principles and behaviours follow from a commitment to a belief that the supply chain can be re-engineered, and to the selection of lean thinking as the most appropriate design.  This may involve challenging existing mindsets, as systems that ‘push’ stock into the supply chain require everyone in the supply chain to ‘buy in’ to a new way of thinking.  See also Agility.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 




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Last update 11 Jan 2023
Global manufacturing downturn continues at end of 2022 as output and new orders fall further
   Source: J.P.Morgan Global Manufacturing PMI   -  IHS Markit



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