Lean Management on the Upstream (Supply Side)

Marc Helmold
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Marc Helmold: IUBH International University

Chapter 10 in Lean Management and Kaizen, 2020, pp 91-106 from Springer

Abstract: Abstract The term supply management as key value-adding function replaces old definitions of procurement or purchasing. This definition is in line with Porter’s description of value chains (Porter 1985). A value chain is a set of activities that a firm operating in a specific industry performs in order to deliver a valuable product, service for the market. The concept comes from business management and was first described and popularized by Michael E. Porter in his 1985 best seller, Competitive Advantage: Creating and Sustaining Superior Performance, in the upstream supply management or the supply side.

Date: 2020
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DOI: 10.1007/978-3-030-46981-8_10

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