July 2017
Intermediate to advanced
274 pages
8h 15m
English
Content preview from Lean Supply Chain Management Essentials
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20 4 Lean suppLy ChaIn ManageMent essentIaLs
c. Translate between various currencies
6. Performance measurements
a. Customer service
b. Performance vs. budget in dollars
c. Performance vs. plan in units
—From Chris Gray, Sales and Operations Planning Standard System,
Trafford Publishing, 2007
Buffering strategy refers to creating a process whereby the value stream can take
variable customer demand and produce to a level schedule (Figure11.5). In the ideal
situation, the production schedule will be level for both volume and mix. If this is not
feasible, then it is still important to level for volume, making the schedule fit the avail-
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