Advances in leaner and faster supply chains have, in many cases, come at the price of increased brittleness. It is time to make supply chains more resilient, and deal with risk more intelligently to maintain the gains from lean strategies, and take performance to the next level.
getting lean roa
The Next Frontier We''re Getting Faster, Leaner, and More Spread Out The past two decades have witnessed dramatic improvements to supply chain performance through lean manufacturing, just-in-time (JIT) inventory, ever-increasing velocity, extreme outsourcing, and related transformations. In the ten years from 1992 to 2002, the ratio of inventories to shipments in the US fell from 1.65 to 1.35 (see figure 1). These are enormous numbers in the context of our multi-trillion dollar economy. Figure 1. At the