Perform a search either on YouTube or Ted Talks specific to, “Just In Time” production or, “Lean” production of your choice.  Please provide the link you have selected and complete a write up on the video.

Please ensure to include the following in your discussion to receive full credit:

• Why was there a need to implement JIT/Lean processes?
• Describe how methods were applied to the specific company, product or service.
• What was the quantifiable change following the implementation of these methods?
• Was the application of JIT/Lean successful to the process?

Ensure to provide a descriptive summary and thought provoking discussion.

Over 350 words, this is a discussion, you have more than 1 day time to finish it. Thank you.

Supply Chain Design and Implementation

This assignment will help you develop an understanding about the life cycle of supply chains including the models that are aligned with it and the cost it bears. In addition, you will develop an awareness of the elements of the supply chain that should be monitored to ensure the desired results are being obtained.

Scenario:

You have been asked to be a guest speaker in a high school business class. Your task is to explain the basic concepts of supply chain management to a group of students. The students will take a quiz on based on the information in your presentation.

Instructions:

Develop a creative, engaging, educational handout that students can use to prepare for the quiz. Your handout should accomplish the following tasks.

1. Diagram and explain the life cycle of a supply chain.
2. Explain, and provide examples of, the models organizations use to manage forecasting, planning, and inventory.
3. Examine, and provide examples of, the costs absorbed by organizations with respect to inventory and logistics.
4. Describe how organizations use various parameters to monitor supply chain performance and provide examples.

Your handout should be written in a clear, concise, and organized manner, as well as demonstrate ethical scholarship in accurate representation and attribution of sources (i.e., APA); and display accurate spelling, grammar, and punctuation.

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