Track: Supply Chain

Abstract

This paper aims to study real time cases in the supply chain network of various industries to determine which of the three existing strategies (Lean, Agile and Hybrid) is more suitable with regard to a particular type of industry. Lean methodology typically focuses on eliminating or reducing the non-value added processes and wastes. On the other hand, Agile methodology concentrates on acting as customers’ demands change in order to increase the speed to market. The hybrid strategy, which is referred to as “Leagile”, combines the advantages of both the techniques. By doing so, a system can be formed which benefits both upstream and downstream in a supply chain. In our research, we aim to scrutinize the applicability of each of the three techniques specifically to typical industries and then conclude on the parameters that contribute to the effectiveness of each respective technique. The primary area of focus is towards the third methodology, which in recent studies has given better results in most supply chains than the two previous methodologies applied independently. However, we hope to map out the desired characteristics of each technique and list them in accordance with the type of industry they are used in.