The document discusses how to create a lean supply chain by eliminating waste. It identifies seven types of waste: overproduction, waiting, unnecessary transport, overprocessing, excess inventory, unnecessary movement, and defects. For each type of waste, it provides an example of how it occurs within supply chain operations. It also states that the goals of a lean supply chain are to add value, manage variability in processes, achieve cost savings through eliminating waste, and have those cost savings be ongoing rather than one-time.

1. Lean Supply Chain

12. Add Value

13. Sheep Herding

14. Manage the slow

15. Manage the Fast

16. Cost Savings

17. Cost Savings