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“Lean Thinking” can help reduce total cost of ownership (TCO), this means the supply team in the entire “chain” must work to:

    A)    lower conversion cost     B)    reduce cycle time cost     C)    reduce risk cost     D)    reduce non-value costs     E)    reduce processing costs

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Question added by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG
Date Posted: 2016/03/20
Vikas Bachhuka
by Vikas Bachhuka , Sales Manager - Tire, Lubs & Batteries , ALI ALGHANIM & SONS AUTOMOTIVE CO.

 Lean Thinking” can help reduce total cost of ownership (TCO), this means the supply team in the entire “chain” must work to reduce non-value costs

 

ghazi Almahadeen
by ghazi Almahadeen , Project Facilitator , Jordan River Foundation

Thanks for the invite ............................ I think D) reduce non-value costs

Ghada Eweda
by Ghada Eweda , Medical sales hospital representative , Pfizer pharmaceutical Plc.

 D)    reduce non-value costs

Nadeem Asghar
by Nadeem Asghar , Supply Chain Consultant/Trainer , Independent Practitioner

Option D. Non Value Costs.............

Ahmed Mohamed Ayesh Sarkhi
by Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

option " C " is my choice                        .

 

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

reduce non-value costs>>>>>>>>>>>>

Sathish Prabhu.V
by Sathish Prabhu.V , Manager - Operations & Process Improvement , Revolution Valves

Cost of ownership in this lean context means, Reducing non-value cost thereby improving the performance.

MADAN MOHAN GAJULA
by MADAN MOHAN GAJULA , Material Coordinator , Sadara Chemical Company

D)    reduce non-value costs  =====================

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