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“Lean Thinking” can help reduce total cost of ownership (TCO), this means the supply team in the entire “chain” must work to:

        A)lower conversion cost 

B)reduce cycle time cost 

C)reduce risk cost 

D)reduce non-value costs 

        E) reduce processing costs

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Question added by Sathish Prabhu.V , Manager - Operations & Process Improvement , Revolution Valves
Date Posted: 2016/04/01
BHUPENDRA SINHA
by BHUPENDRA SINHA , Team Leader , Onkar Infotech Private Limited (Captive unit of UK based TMC Southall Travel Ltd.)

The supply team in the entire "chain must work to reduce processing costs."

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , Warehouse Supervisor , AL MUTLAQ FURNITURE MFG

E) reduce processing costs...............................................................

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