O'Reilly logo

The Profitable Supply Chain: A Practitioner's Guide by Ramnath Ganesan

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 8

The Evolving Supply Chain

Almost every industry has experienced one or more significant changes in the last few decades, driven by changes in the areas of manufacturing, fulfillment, technology, and the customer experience. One such example is the Toyota Production System (TPS), also referred to as just-in-time production (JIT). Introduced by the automotive manufacturer Toyota, TPS was instrumental in changing the approach toward managing the flow of material in the factory, based on goals of reducing waste, such as over-production, machine or operator wait time, raw material inventory, and rework or scrap. By employing TPS, Toyota greatly reduced lead time and costs, while improving product quality. TPS is regarded as the precursor ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required