Learning Team Paper Essay Example | Topics and Well Written Essays - 250 words

Learning Team Paper - Essay Example This paper shall seek to answer that question. In the case of the supply chain, there has to be a critical look at ones suppliers. The company deals with material of a delicate nature and one must ensure that the suppliers also adhere to the highest standards possible. The molding company must also manage its supply chain such that so as to only undertake the tasks that are logistically sound. In other words, the supply chain must function at optimum capacity. Capacity management is also critical. The final expected return from the sale of the health parts should determine the necessary capacity. The company must ensure that the right numbers of people are at hand for a specific product. Some products are used in large numbers and so the target market shall determine the necessary capacity in that case. Excessive capacity will underutilize the workforce and lead to overproduction. Lean production is not to be ignored either. The engineer should be close to suppliers so as to minimize on transport costs. The watchword as far as lean production is concerned is waste. Cutting wastage of raw materials, wastage of stock and time wastage before delivery must be cut. After all, these are medical products and they need to be produced