Podcast
Questions and Answers
What is the primary reason for shifting the planning paradigm in the VUCA world?
What is the primary reason for shifting the planning paradigm in the VUCA world?
- To reduce costs globally
- To increase inventories along the supply chain
- To maintain traditional planning methods
- To address poor customer service and weak financial performance (correct)
What is the outcome of not adapting to the LEAN SCM Planning concept?
What is the outcome of not adapting to the LEAN SCM Planning concept?
- Poor customer service and weak financial performance (correct)
- Increased customer satisfaction
- Improved financial performance
- Temporary fashion in SCM
What is the primary benefit of adopting the LEAN SCM Planning concept?
What is the primary benefit of adopting the LEAN SCM Planning concept?
- Reducing costs globally
- Increasing inventories along the supply chain
- Creating a step-change in supply chain performance (correct)
- Maintaining traditional planning methods
What is a key characteristic of a resilient supply chain?
What is a key characteristic of a resilient supply chain?
What is the outcome of competing on cost alone in supply chain management?
What is the outcome of competing on cost alone in supply chain management?
What is the primary goal of setting the correctly balanced direction for supply chain performance?
What is the primary goal of setting the correctly balanced direction for supply chain performance?
What is the LEAN SCM Planning framework intended to help companies achieve?
What is the LEAN SCM Planning framework intended to help companies achieve?
What is the significance of 'closing the loop' in the LEAN SCM Planning framework?
What is the significance of 'closing the loop' in the LEAN SCM Planning framework?
What is the primary characteristic of the VUCA world that companies must respond to?
What is the primary characteristic of the VUCA world that companies must respond to?
What is the benefit of incorporating formalized principles and processes into supply chain planning?
What is the benefit of incorporating formalized principles and processes into supply chain planning?
Which of the following concepts is NOT a key area of supply chain planning that will undergo significant changes with the LEAN SCM Planning concept?
Which of the following concepts is NOT a key area of supply chain planning that will undergo significant changes with the LEAN SCM Planning concept?
What is one of the primary goals of introducing dynamic inventory targets and active use of safety stocks in planning?
What is one of the primary goals of introducing dynamic inventory targets and active use of safety stocks in planning?
How can Rhythm Wheel planning and global takt synchronization be aligned in a flexible way?
How can Rhythm Wheel planning and global takt synchronization be aligned in a flexible way?
What is a key benefit of applying cyclic planning in high-mix and high volatile manufacturing environments?
What is a key benefit of applying cyclic planning in high-mix and high volatile manufacturing environments?
What is a key outcome of implementing LEAN SCM Planning in existing IT systems?
What is a key outcome of implementing LEAN SCM Planning in existing IT systems?
What is the primary outcome of integrating LEAN SCM concepts into organization processes and IT systems?
What is the primary outcome of integrating LEAN SCM concepts into organization processes and IT systems?
How does LEAN SCM Planning enable companies to respond to changes in the business environment?
How does LEAN SCM Planning enable companies to respond to changes in the business environment?
What is the primary function of the High-Mix and Breathing Rhythm Wheels in LEAN SCM?
What is the primary function of the High-Mix and Breathing Rhythm Wheels in LEAN SCM?
What is the main advantage of two-sided variability management in LEAN SCM?
What is the main advantage of two-sided variability management in LEAN SCM?
What is the result of combining leanness, agility, and resilience in supply chain management?
What is the result of combining leanness, agility, and resilience in supply chain management?
What is the primary outcome of aligning inventory targets and cycle times in LEAN SCM?
What is the primary outcome of aligning inventory targets and cycle times in LEAN SCM?
What do industry cases in the book confirm about the benefits of LEAN SCM in process industries?
What do industry cases in the book confirm about the benefits of LEAN SCM in process industries?
What is the primary benefit of separating tactical and operational planning functions in LEAN SCM?
What is the primary benefit of separating tactical and operational planning functions in LEAN SCM?
What is the outcome of implementing LEAN SCM Planning in companies?
What is the outcome of implementing LEAN SCM Planning in companies?
What is the primary goal of implementing LEAN SCM in a company's supply chain?
What is the primary goal of implementing LEAN SCM in a company's supply chain?
What is the primary objective of separating tactical planning and operational execution in LEAN SCM?
What is the primary objective of separating tactical planning and operational execution in LEAN SCM?
How does LEAN SCM differ from traditional supply chain planning systems?
How does LEAN SCM differ from traditional supply chain planning systems?
What is the primary advantage of LEAN SCM over traditional supply chain planning systems?
What is the primary advantage of LEAN SCM over traditional supply chain planning systems?
What is the primary benefit of adopting the LEAN SCM Planning concept?
What is the primary benefit of adopting the LEAN SCM Planning concept?
What is the primary characteristic of the LEAN SCM Planning concept?
What is the primary characteristic of the LEAN SCM Planning concept?
What is the primary goal of the five core building blocks of LEAN SCM Planning?
What is the primary goal of the five core building blocks of LEAN SCM Planning?
How does LEAN SCM Planning address the challenges of the VUCA world?
How does LEAN SCM Planning address the challenges of the VUCA world?
What is the primary advantage of the LEAN SCM Planning concept over traditional supply chain planning approaches?
What is the primary advantage of the LEAN SCM Planning concept over traditional supply chain planning approaches?
What is the primary focus of the LEAN SCM Planning concept?
What is the primary focus of the LEAN SCM Planning concept?
What is the primary outcome of adopting the LEAN SCM Planning concept?
What is the primary outcome of adopting the LEAN SCM Planning concept?
What is the primary goal of the LEAN SCM Planning framework?
What is the primary goal of the LEAN SCM Planning framework?
What is the main difference between traditional supply chain planning and the LEAN SCM Planning approach?
What is the main difference between traditional supply chain planning and the LEAN SCM Planning approach?
What is the primary characteristic of the VUCA world that affects supply chain planning?
What is the primary characteristic of the VUCA world that affects supply chain planning?
What is the expected outcome of implementing the LEAN SCM Planning framework?
What is the expected outcome of implementing the LEAN SCM Planning framework?
What is the main challenge that companies face in adapting to the VUCA world?
What is the main challenge that companies face in adapting to the VUCA world?
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