Lean/JIT and supply chain management

Wright, Inc. is a popular Food Truck operation in the Southwest. Their cuisine is best represented by award-winning hamburgers, and hot-dogs, in the Phoenix market. Chief Executive Officer (CEO) Dr. Chris Wright also provides consulting (for a small fee) to entrepreneurs who are interested in starting a Food Truck operation of their own. Recently, Wright, Inc. has started consulting for partners in both Europe and China, where American favorites are in high demand. They are considering purchasing a warehouse to store condiments, buns, etc. However, the plans have not yet been finalized. Imagine that you have just finished attending a week-long business retreat about Operations Management. The conferences you enjoyed focused on: lean operations, characteristics of lean systems, the benefits the toyota approach, ultimate goal ( a balanced rapid flow), supporting goals of lean systems (Eliminate disruptions, Make the system flexible, eliminate waste. ) , Value stream mapping, transition to a lean system, Lean services, Just In Time (JIT), SUpply Chain management, Purchasing cycle, E business, Supplier management choosing suppliers supplier relationship management, Inventory management, order fullfilment, logistics, creating an effective supply chain Your employer’s CEO invites you into their office and asks you to share your primary takeaways from the seminar that would help the business become more successful. Create an essay of at least 500, but not more than 750 words, responding to the CEO’s inquiry