What are the TWO primary philosophies discussed in Chapter 8 – Operations Management that are used to help manage operations in the supply chain. Provide the main objectives for each of the two philosophies.

Operation management is termed as the area of management that deals with designing and controlling the production process and managing the business operations in the production of the goods and services of the demand in the market.

The two primary philosophies discussed managing operations in the supply chain are:

1. Just in time philosophy: This philosophy is termed as the production of goods and services in order to meet the demand of the customers with efficiency and effectiveness.

2. Lean is termed as the concept and the philosophy arranged in a set of tools all wrapped in one. Businesses have invested time and money in adopting the principles of Lean.

The main objectives of Lean are:

To know more about the primary philosophies, refer to the link below:

link

As background to the answer, it is germane to note that Supply chain management is one of the most crucial task for any global organisation. It speaks to the position of the company and distribution of its product all the way from the producer to the end user.                                                                                                                           

The two philosophies which are used to help manage operations in supply chain are:

Explanation:

It main objectives are:

     2.  Lean is a concept, a philosophy, a practice, and a set of tools all wrapped in one. For more than 5 decades, businesses have invested time and money adopting the principles of Lean (while originated at Toyota Corporation for manufacturing operations, the principles of Lean have since spread to many types of businesses and functional areas).

It's core objectives are:

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