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Supply Chain Glossary

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Lean Supply

Source: Procurement Glossary
Author: Paul Rogers
Institute: CIPS - UK

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Lean enterprises can only achieve their full potential if the participants in their supply chain share similar behaviours and processes. This means that upstream and downstream suppliers need to adopt similar practices so that supply is ‘pulled’ through the chain and each participant is focused on waste elimination and value creation.  Automotive supply chains have been criticised for inventory levels being low at the car assembly stage, while upstream and downstream supply chain participants have as much inventory as other industries.  See also Agility.
























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News & Trends

Last update 5 May 2021
Manufacturing PMI at near-record high in April but sector still beset by supply-chain disruptions
   Source: Markit /CIPS UK Manufacturing PMI ®  -  IHS Markit
United Kingdom 

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