What principles do 'Lean Supply Chains' focus on?

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Prepare for the ASU SCM355 Supply Management Exam 1 with practice quizzes. Test your knowledge with flashcards and multiple choice questions, complete with detailed explanations. Master your exam!

Lean Supply Chains prioritize reducing waste and enhancing efficiency as their core principles. This approach is rooted in the idea of maximizing value for the customer while minimizing resources, time, and effort. By eliminating waste—whether it's in the form of excess inventory, overproduction, waiting times, or unneeded processes—lean practices streamline operations and create a more agile supply chain.

Efficiency is enhanced through continuous improvements and the implementation of various lean tools and methodologies, such as just-in-time production, value stream mapping, and Kaizen. These practices not only help in saving costs but also in increasing the overall quality of products and services, leading to greater customer satisfaction.

The other choices, while relevant in their contexts, do not encapsulate the fundamental principles of lean supply chains. Increasing inventory storage contradicts the lean philosophy, which seeks to reduce inventory to only what is necessary for production. Enhancing customer service responsiveness is important, but it is typically a result of implementing lean practices rather than a direct focus. Similarly, maximizing supplier partnerships can be beneficial, but it does not specifically tie into the lean emphasis on waste reduction and efficiency improvement, which are at the heart of lean supply chain philosophy.

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