MGT322 Logistics Management, Critical Thinking

After reading the attached document consult secondary available data on internet and answer the following questions.

Question: Why Companies adopted Lean Thinking and JIT model? Discuss major types of Waste, companies has to keep in mind during production. Assess the reasons for using lean thinking (suitable examples),what are the benefits from Suppliers to end users? Due to COVID 19 emergency do you think agile supply chain is the right concept in this kind of situation? Give reason with example.

The Answer should be within 4- 5 pages.

The Answer must follow the outline points below: Lean Thinking and JIT ConceptAgile Supply chain Their Main functionsReasons with suitable ExamplesReference