Describe the concept of lean supply chain

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Reference no: EM131210822

Q1. What are performance measurement criteria with respect to quality for assessment of a Supply Chain System as per world class performance system?

Q2. Describe the concept of Lean Supply Chain with suitable examples.

Q3. What is supply chain collaboration? Describe the steps to achieve the same.

Q4. What is the most suited distribution system for refillable 20 liter water cans? What are the characteristics of the distribution network?

Q5. Select the most optimal APP strategy for the following demand using transportation model  

Month

AUG

SEPT

OCT

Demand (kgs.)

300

150

650

Regular time prod.

400

300

300

  • Regular time cost - Rs.12000/kg
  • Overtime cost -Rs.14000/kg (maximum 20%)
  • Subcontracting cost- Rs.16500/kg
  • Inventory holding cost- Rs.1500 per kg.
  • Opening stock- 150 kgs.
  • Buffer stock need after every month 100 kgs.(min).

Reference no: EM131210822

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Describe the concept of lean supply chain : What are performance measurement criteria with respect to quality for assessment of a Supply Chain System as per world class performance system? Describe the concept of Lean Supply Chain with suitable examples
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