Would You Make This Bet?

If you flip a coin, you have a 50/50 chance of winning. As long as the coin is evenly weighted and the coin flipper isn’t playing a trick on you, it’s going to come up heads or tails a roughly even number of times. There may be situations where it comes up one or the other more frequently, but those are outliers that even out the more times you flip the coin.

Let's simplify the management of our supply chains

"Simplicity is the ultimate sophistication" Leonardo da Vinci

Over the last few decades, manufacturers and distributors have made huge technological investments in their supply chains. At the same time, we’ve invested heavily in developing sophisticated supply chain management processes. Too often, however, any similarity between our technologies (ERP, DRP, APS, etc.) and our processes is a [...]

This is not a constraint; this is a gem!

Theory of constraints sometimes uses terminology that discourages us from taking the right perspective. If, like me, you have a somewhat rebellious mindset, controlling constraints isn’t very inspiring.

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