| Lean Procurement |
|
|
|
| Written by Richard Lebovitz |
| Monday, 23 August 2010 00:00 |
|
In today’s demand-driven manufacturing and supply chain world, your company faces growing challenges around market volatility, costs, long lead times and unpredictable forecasts. Your inventory management decisions can make or break your firm’s financial bottom line. LeanDNA's Lean Procurement solutions lets your company meet these daily challenges and optimize working capital efficiency. The challenges of Supply Chain Management in Today's Complex Business Environment In today’s volatile market, forecast accuracy is almost non-existent. Manufacturing operations are more global and complex. Customers demand more but want to pay less. Companies expect their procurement and supply chain organizations to provide purchased materials and assemblies on time, at the lowest costs, and highest quality to meet their customer demands. But Procurement staff often lack the processes and visibility to drive the efficiencies required in today's competitive environment. The lack of analytical tools and Lean Best Practices often results in the procurement of too much of what is not needed and critical shortages on those items needed today. The end results is excess inventories with missed deliveries. What are the financial and business objectives for your company? Inventory management and supply chain decisions are becoming a critical component in the financial performance of your company. The Objective: A Lean Procurement System Today, the buyer’s responsibilities have changed dramatically. Instead of simply finding the right materials and services at the best price, buyers must play a critical part in improving the flow of information and materials throughout the supply chain. Through these demand-driven supply chains, their goals are to accomplish the following:
Share this |
Newsflash
Lean Software Community is launch to provide centralized resource for Business and IT professional implementing Lean. |
Lean Procurement


