Factory Physics training provides your Supply Chain team with concepts and principles based on solid science that can be readily applied to improving your supply chain performance.
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The Operations Science of Blockchain: Benefits and Challenges Explained
Welcome to another round of the wild west. The advent of blockchain technology is ushering in a new era of innovation and change. Managers are faci... Read more
Inventory, Part II: Calculating Safety Stock Correctly
In our last blog we stated that there is no simple formula for calculating the safety stock required for a given fill rate if the reorder quantity ... Read more
Inventory, Part 1: One Big Safety Stock Mistake to Avoid
Inventory is a great fascination for managers. Primarily because it is a fairly flexible asset that companies can use to manage their financial per... Read more
Executive Management Drives Variability. Three Ways to Avoid Self-inflicted Management Pain.
Ever get the feeling that you as a manager or your company’s managers are driving variability and chaos in your company through uncertain decisions... Read more
The Value-Added Fantasy: Don’t Waste Time and Effort. Provide Faster Response for Your Customers
“‘Eliminate Waste’ is a nonsensical slogan.1” – Shigeo Shingo Performance improvement strategies that revolve around the notion of reducing non-val... Read more