Lean Supply: Innovation and Supplier Relationship Strategy: Innovation and Supplier Relationship Strategy

Author: Richard Lamming
Publisher:
Publish Date: 2003-03-01
Features: This book focuses on the supply relationships in the automotive industry, exploring the breakthrough of traditional relationships between OEMs and component suppliers and the transition to lean relationships. It represents a new development in promoting lean concepts from the production domain to the supply domain, following the introduction of lean production in the book "Lean Thinking." The author argues that lean supply relationships challenge the conventional thinking of make-or-buy under mass production. Other features:
● Breaking down vertical integration
● Achieving equal cooperation between production and suppliers
● Achieving cost transparency and sharing cost information
● Nurturing and developing suppliers to promote their technological advancement and lean investment
The application of lean supply enables manufacturers to leverage their suppliers' technical investments, achieving mutual development and win-win outcomes. The concept of lean supply originated in the automotive industry but is equally applicable to other manufacturing and service industries.