PU Purchasing and Vendor Management Discussion

Question Description

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I’m working on a business discussion question and need the explanation and answer to help me learn.

Lean manufacturing is a very popular approach to inventory management with a lot of examples of both success and failure. In fact the idea and the principles have also been applied beyond manufacturing.

For this Discussion, research news articles and provide an example of a company successfully implementing lean manufacturing. You are looking to learn from their experience so your example needs to be more detailed than “they implemented lean manufacturing and saved X million dollars.” You should find an example that talks about details of their implementation and/or issues they faced.

Provide the following details:

What is the company and what do they do?

How did they implement lean manufacturing? What was the result?

What challenges did they run into and how did they solve these?

Explanation & Answer

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