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2 results

  • 7 - Economic Theory’s Sweet Spot: Lean Systems

  • from II - Four Strategies of Supply Chain Management
  • Işık Biçer, York University, Toronto
  • Book:
    Re-Imagining Supply Chain Management
    Published online:
    22 September 2025
    Print publication:
    09 October 2025, pp 142-162

  • Summary

    Lean manufacturers mitigate the mismatches between supply and demand by smoothing production and stabilizing demand. To stabilize demand, they follow an aggressive-selling strategy such that salespeople work relentlessly to keep sales at target levels. To smooth production, they cut all types of waste (i.e., in the form of redundancy, idleness, and rework) and move products according to a pull production model. This chapter delves into design and implementation characteristics of lean manufacturing and links them to the fundamental operational trade-offs. It also discusses challenges of lean manufacturing to highlight potential limitations of lean systems.

Re-Imagining Supply Chain Management
  • Uncovering the Hidden Trade-offs in the Digital Age
  • Işık Biçer
  • Published online:
    22 September 2025
    Print publication:
    09 October 2025
  • Supply chain management is a substantially complex area for many businesses due to its diverse set of actions, agents, decisions, risks, and uncertainties. Consequently, supply chains often break up in disarray due to their structural complexity coupled with risks and uncertainties in the absence of clear objectives. Işık Biçer addresses these issues by uncovering the fundamental trade-offs of supply chain management, their economic causes, and strategic implications. He offers a novel framework of supply chain management based on its role in economic systems. The framework shows four effective supply chain strategies according to business models and organizational sensitivity to operational trade-offs. Furthermore, it offers a detailed account of the digital transformation of supply chains, elaborating on crucial aspects of the design and implementation of digitalization. This is an indispensable source for supply chain professionals, consultants, economists, and policymakers with a keen interest in supply chain management.