After reading the attached document consult secondary available data on internet and answer the following questions.
- Why Companies adopted Lean Thinking and JIT model?
- Discuss major types of Waste, companies has to keep in mind during production.
- Assess the reasons for using lean thinking (suitable examples),what are the benefits from Suppliers to end users?
- Due to COVID 19 emergency do you think agile supply chain is the right concept in this kind of situation? Give reason with example.
The Answer should be within 4- 5 pages.
The Answer must follow the outline points below:
- Lean Thinking and JIT Concept
- Agile Supply chain
- Their Main functions
- Reasons with suitable Examples