Creating value through the elimination of waste and operational inefficiencies
C.
Segmenting suppliers based on the value they bring to the company
D.
Make vs Buy decision
The Answer Is:
B
This question includes an explanation.
Explanation:
Explanation
The definition of value mapping is given on p.69 this is; ‘a process in which value is created through the elimination of waste and operational inefficiencies’. It ties into JIT / Lean.
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