QUESTION $5$

This is for the module $-$ Logistics Management $3$

please answer acroding to the mark scheme, and type out all answers.

$[20$ marks$]$

A product development team has been successfully using Lean methodologies to streamline their processes and reduce lead times. However, the team now faces a need for greater flexibility and faster adaptation to market changes.

Evaluate the process and implications of transitioning from Lean to Agile practices, and how can the team can balance the benefits of Lean with the need for Agile flexibility. Validate your answers with practical examples.