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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 ajoutée par Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG
Date de publication: 2016/03/20
Ghada Eweda
par Ghada Eweda , Medical sales hospital representative , Pfizer pharmaceutical Plc.

  D)    reduce non-value costs

Rafi Shajahan
par Rafi Shajahan , Supply Chain Coordinator , QATAR AIRWAYS

Non Value added cost reduction not only for lean thinking but also for Overall supply chain concept.

People in Operation prefer to reduce the cycle time cost (Lead time) also , which can increase output and reducing the penalty of late arrival

Sathish Prabhu.V
par Sathish Prabhu.V , Manager - Operations & Process Improvement , Revolution Valves

Lean is nothing but reduce waste and add value to the customer. Hence Option D, reduce non-value cost most appropriate

Md Fazlur Rahman
par Md Fazlur Rahman , Procurement Specialist , Engineering and Planning Consultants Ltd

To reduce total cost of ownership, we need to  reduce cycle time cost. So, the answer "B"

Ahmed Mohamed Ayesh Sarkhi
par Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

option " D " is my choice                        .

 

Vinod Jetley
par Vinod Jetley , Assistant General Manager , State Bank of India

reduce non-value costs>>>>>>>>>>>>>>

Reduce cycle time cost;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;

Option B)-------------------------Answer ,,,,,,,,,,,,,,,,,,

Ahsan Ali
par Ahsan Ali , Senior Consultant , Flynas

The answer is B. Lean thinking is identified for getting quick return for capital spent. This also calls for reducing the bottlenecks and defining the production speed as the speed of bottleneck. 

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