Why big Manufacturing Companies adopted Lean Thinking and the JIT model?

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Why big Manufacturing Companies adopted Lean Thinking and the JIT model?

Read textbook chapter 7 or secondary data on the internet and answer the following questions.
Question:
Why big Manufacturing Companies adopted Lean Thinking and the JIT model?
Discuss major types of Waste, and why overproduction is the biggest waste companies must keep in mind during production.
With the initiation of artificial intelligence. The agile supply chain is a perfect concept for future SCM? Give reasons with examples.
APA style Reference
Each answer should be within the limit of 300- 400 words.
The Answer must follow the outline points below:
Lean Thinking and JIT Concept
Agile Supply chain
Their Main functions
Reasons with suitable Examples
Reference
Avoid plagiarism, the work should be in your own words, copying from
students or other resources without proper referencing will result in ZERO
marks

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