Leagility Defined for the Supply Chain

Essay specific features

 

Issue:

Psychology

 

Written by:

Michelle D

 

Date added:

September 28, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 971

 

Was viewed:

9781 times

 

Rating of current essay:

 
Essay content:

Traditional management recommended a lean supply chain for products with a stable demand, yet low profit margin. Conversely, products with a high profit margin and volatile demand should have an agile supply chain (Van der Vorst). Modern managers may benefit from studying hybrid supply chains that are both lean and agile...
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The reason for this is clear when one considers a type of product meeting this criterion. Toilet paper sells in predictable volume and while there is some variety with this product, it is basically the same from brand to brand. The consumer is more likely to buy this product as a result of price rather than bells and whistles...
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