Podcast
Questions and Answers
What is a major issue for the company as a small customer with little leverage?
What is a major issue for the company as a small customer with little leverage?
- Growth of supplier base
- Lack of management depth for small suppliers (correct)
- Loss of technology leadership
- Size of supplier base unknown
What is the primary objective of the 'Standardize' phase of the Five S?
What is the primary objective of the 'Standardize' phase of the Five S?
- Setup reduction and cost reduction
- Segmenting the supplier base
- Ensuring progress in 3S implementation is not wasted (correct)
- Assigning audit responsibilities
What is a consequence of not regularly visiting suppliers?
What is a consequence of not regularly visiting suppliers?
- Suppliers are not aligned with company goals
- Size of supplier base becomes unknown (correct)
- Loss of technology leadership
- Segmentation deteriorates
Who is responsible for sustaining the 5S process?
Who is responsible for sustaining the 5S process?
What is the primary goal of strategic sourcing in the context of the 5S?
What is the primary goal of strategic sourcing in the context of the 5S?
What is a potential problem that can arise from not standardizing procedures?
What is a potential problem that can arise from not standardizing procedures?
What is a key aspect of the 'Sustain' phase of the 5S?
What is a key aspect of the 'Sustain' phase of the 5S?
What is the primary benefit of conducting regular surveys of suppliers?
What is the primary benefit of conducting regular surveys of suppliers?
What is the primary benefit of supplier consolidation in a supply chain?
What is the primary benefit of supplier consolidation in a supply chain?
What is the main objective of the 'Set in Order' step in the Five S methodology?
What is the main objective of the 'Set in Order' step in the Five S methodology?
What is a common barrier to supplier consolidation?
What is a common barrier to supplier consolidation?
What is the primary purpose of the 'Shine' step in the Five S methodology?
What is the primary purpose of the 'Shine' step in the Five S methodology?
What is a key factor to consider when evaluating the current supply base?
What is a key factor to consider when evaluating the current supply base?
What is the main advantage of strategic sourcing in supply chain optimization?
What is the main advantage of strategic sourcing in supply chain optimization?
What is the primary goal of supplier selection and evaluation in strategic sourcing?
What is the primary goal of supplier selection and evaluation in strategic sourcing?
What is the purpose of site surveys in the 'Shine' step of the Five S methodology?
What is the purpose of site surveys in the 'Shine' step of the Five S methodology?
What is the primary goal of a supply strategy in a Lean Production environment?
What is the primary goal of a supply strategy in a Lean Production environment?
What is the main benefit of implementing Lean Supply in a production environment?
What is the main benefit of implementing Lean Supply in a production environment?
What is a key aspect of supply strategy in a Lean Production environment?
What is a key aspect of supply strategy in a Lean Production environment?
What is the primary focus of the Five S principles in Lean Production?
What is the primary focus of the Five S principles in Lean Production?
What is the main objective of reducing the number of suppliers in a Lean Production environment?
What is the main objective of reducing the number of suppliers in a Lean Production environment?
What is the primary goal of supply chain optimization in a Lean Production environment?
What is the primary goal of supply chain optimization in a Lean Production environment?
What is the main benefit of implementing Lean tools in a production environment?
What is the main benefit of implementing Lean tools in a production environment?
What is the primary focus of strategic sourcing in a Lean Production environment?
What is the primary focus of strategic sourcing in a Lean Production environment?
What is the primary goal of a lean supply chain strategy?
What is the primary goal of a lean supply chain strategy?
Which of the following is a key characteristic of a lean supply chain?
Which of the following is a key characteristic of a lean supply chain?
What is the primary focus of strategic sourcing?
What is the primary focus of strategic sourcing?
What is the purpose of a SWOT analysis in supply chain management?
What is the purpose of a SWOT analysis in supply chain management?
Which of the following is a quality management principle in lean supply chain management?
Which of the following is a quality management principle in lean supply chain management?
What is the primary goal of supplier selection in lean supply chain management?
What is the primary goal of supplier selection in lean supply chain management?
What is the purpose of the 5S tools in lean supply chain management?
What is the purpose of the 5S tools in lean supply chain management?
What is the primary focus of supply chain optimization in lean supply chain management?
What is the primary focus of supply chain optimization in lean supply chain management?
What is the purpose of a supply strategy in lean supply chain management?
What is the purpose of a supply strategy in lean supply chain management?
Which of the following is a key benefit of lean supply chain management?
Which of the following is a key benefit of lean supply chain management?
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