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69.7% of manufacturers have implemented lean manufacturing tactics. With the cost reduction and efficiency linked to lean, it is not hard to see why.Born from the heart of Kiichiro Toyoda this type of manufacturing has been affecting industries since the 1930s. What is lean manufacturing and how can lean production benefit your business? Your answers are below.What Is Lean Manufacturing?Lean manufacturing or lean production is a principle that revolves around reducing waste while boosting produc …

As companies move their assembly and manufacturing operations offshore, it can take weeks to be delivered to distribution sites within the United States. Therefore, it is very important for such companies to gain visibility into their outsourcer's manufacturing sites so that they can prevent any unacceptable products from entering the supply chain.If low-quality products do enter the supply chain, the company often has to wait weeks after it was shipped from the outsourcer's manufacturing site t …

The goal of an efficient supply chain is to save money and maximize profits by Supply chain efficiency is a business’s ability to use resources, technology, and expertise in optimizing the processes and stages in the supply chain.What’s the difference between supply chain efficiency and supply chain effectiveness?Supply chain efficiency is defined as the internal standard of performance of an organization, while supply chain effectiveness is the external standard of performance.In other words, s …