Lean and Agile Value Chain Management: A Guide to the Next Level of Improvement

One of the biggest challenges for companies in today's competitive environment is to get products to customers when and where they need it, exactly the way they want it, with a competitive price and in a cost effective manner. Managing the value chain is becoming more complicated because of globalization, outsourcing, the need for shorter time to market, and the requirements for greater responsiveness and flexibility due to customer changes.

Although the benefits of applying lean concepts or...