Why the Supply Chain Needs to Embrace Lean Manufacturing Principles According to Narayan Laksham
Narayan Laksham, founder and CEO of Ultriva, Inc. recently discussed the importance of supply chain embracing lean practices in manufacturing. In a blog posted on the company’s website, Laksham explained, “Lean in its purest form is removal of waste. In today’s world, manufacturing is becoming more competitive than ever with shorter lead times, higher service levels, exploding number of finished goods SKUs, and thinning margins. Over the last twenty years, the focus of lean in manufacturing was concentrated on streamlining...
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