TXM Introduces New Lean Supply Chain Simulation at the Sydney Supply Chain Conference
TXM Director, Tim McLean was one of the speakers at the 4th Supply Chain Management Conference in Sydney on 5 December 2011. Tim spoke provided the audience of Senior Supply Chain professionals with practical lean supply chain solutions to optimise global supply chains and presented case studies that demonstrated how these concepts could be applied.
Tim then engaged the audience in a new simulation game that demonstrated the difference between traditional, purely forecast driven replenishment and lean supply chain approaches in extended supply chains. The simulation clearly demonstrates how using lean approaches can reduce lead time, reduce inventory and improve customer on-time delivery in extended supply chains. In particular it shows how increasing replenishment frequency and using an “every part every shipment” approach can dramatically reduce supply chain risk without adding logistics cost.
To learn more about applying lean in the extended supply chain, look at the the following articles and case studies:
Author: Timothy McLean
Timothy McLean is the Managing Director of TXM Lean Solutions and is an author of Lean books.
