ABSTRACT

The supply base is a big part of the supply chain, and developing that supply base into a true asset to the overall flow of value is an important part of making any supply chain a global player. By now, you’ve learned the benefits of our philosophy and how to choose the players who will ensure your long-term success. We’ve discussed the importance of internal operations, the vital role of the Plan for Every Part (PFEP), how to appropriately size your inventory, the true cost model, the importance of linkages with your suppliers, and provided a program to develop your suppliers into longterm partners in a Lean supply chain.