Lean management is a business philosophy that focuses on identifying and eliminating waste in all aspects of a company’s operations. It is a systematic approach to improving efficiency and productivity, while also reducing costs and improving quality.
Lean management can be applied to any industry, including the fashion industry. The fashion industry is characterized by complex supply chains, short product life cycles, and high demand volatility. Lean management can help fashion companies to overcome these challenges and improve their overall performance.
Many fashion companies have successfully implemented lean management principles in their supply chains.
Overall, lean management can be a valuable tool for fashion companies to improve their efficiency, productivity, and profitability.
TOPICS FOR COLLABORATIVE DISCUSSION
Provide here at least 2 topics that will be in the forum:
- Lean principles in fashion: Can the application of LEAN management techniques enhance efficiency and sustainability in the fashion supply chain?
- Reshoring vs. offshoring: Evaluating the impact of global events (e.g., pandemics) on fashion supply chain decisions and the future of production localization.