Problem: Supply Chain Management
There are fundamental challenges in managing effective supply chains (those activities that largely affect a company's COGS and working capital deployed). The effective supply chain manager must recognize then lead the way through these challenges. The best explanation of the challenges is:
• Trying to understand true Customer Expected Lead Time (CELT) and effort to make supply chains more responsive
• Trying to change production mindsets from push to pull while illuminating muda.
• Trying to make the purchase of milk more Make-to-Order
• Use techniques like postponement and vendor managed inventory to shift inventory holding responsibility from our balance sheet to another supply chain partner
• Identifying the adjectives that describe potential supply chain segments then implementing them throughout the company.
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.