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Lean and Agile strategies are two common approaches to improve the performance of a supply chain. a) Describe what taking an Agile approach means. Describe

Lean and Agile strategies are two common approaches to improve the performance of a supply chain.

a) Describe what taking an Agile approach means. Describe the advantages & disadvantages associated with Agile. Provide examples of the types of products and/or markets that would most benefit from an Agile strategy.

b) Describe what taking a Lean approach means. Describe the advantages & disadvantages associated with Lean.Provide examples of the types of products and/or markets that would most benefit from a Lean strategy.

c) Describe how new technologies and innovation could be used for both Lean and Agile performance improvement.Use examples to support your response.

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