1. Given the risk and complexities involved in supply chains, should companies vertically integrate and be their...
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Question:
1. Given the risk and complexities involved in supply chains, should companies vertically integrate and be their own supply chain? Would this type of integration solve any problems in our current supply chain issues, and if so in what industries? If not, explain.
2. Why would a company choose to convert from a traditional system to a lean system? What are the benefits of swithching to a lean system.
3. Contrast push and pull methods of moving goods and materials through production systems.
4. How has technology impacted traditional and lean systems. In your opinion is one better than the other in a specific industry? Please elaborate and give industry example.
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