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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Week 6 DQ: Contemporary logistics

Week 6 DQ: Contemporary logistics

Q 4. What is meant by a "lean" philosophy and why should organizations carefully consider potential trade-offs before adopting a lean philosophy?

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Lean is a methodology of business by which value flow to the consumer is promoted through 2 tenets of guiding: Respect for people and improvement in a continuous manner. Lean can be regarded as a discipline and philosophy both that increases information access to make sure responsible making of a decision in the service of customer value creation at their core. The philosophy of lean was formed in the mid-’50s by the Japanese and companies nowadays use it globally (Leite & Vieira, 2019). The philosophy of lean was nurtured and conceived in an environment where terrorism is limited, regional or local outsourcing is done, and prices of fuel are low