Apr 222017
 

Supply Chain Management: Strategies and Innovations

Professor Hau Lee discusses Supply Chain Management Strategies and Innovations

Supply Chain and Leadership Information.

Supply Chain Management Strategies

Apr 212017
 

Calculating EOQ – Economic Order Quantity (Inventory Costs & Purchasing Costs)

Supply Chain and Leadership Information.

Apr 212017
 

What Is Inventory Management?

Here are the basics to inventory management.

Supply Chain and Leadership Information.

 

Apr 212017
 

How Apple’s Inventory Management is So Lean

Steve Jobs brought in Tim Cook, Apple’s current CEO, to improve the supply chain.  Tim Cook did such a cook job with Apple’s Inventory Management he became Apple’s CEO.

Supply Chain Information.

Apr 212017
 

What is Supply Chain Management, and should you major in it?

This is a good presentation for those wondering if they should major in Supply Chain Management.

Supply Chain Information.

supply chain management

supply chain management

 

Apr 212017
 

Supply Chain and Leadership Information.

Apr 202017
 

BASF Smart Supply Chain.

A quick look at the BASF Smart Supply Chain.  Where are we headed with the Smart Supply Chain?

Supply Chain Information.

Supply Chain Quotes

  • “I say an hour lost at a bottleneck is an hour out of the entire system. I say an hour saved at a non-bottleneck is worthless. Bottlenecks govern both throughput and inventory.” ~ Eliyahu M. Goldratt, The Goal.  Supply Chain Expert.  
  • “You will not find it difficult to prove that battles, campaigns, and even wars have been won or lost primarily because of logistics.” ~ Dwight D. Eisenhower.
  • “If you don’t have an essential item that puts people into chaos.  What happens if the coffee runs out in the morning?  Simple but you get the picture.”  ~ Dave Waters.  Supply Chain Expert.
  • “If you think of standardization as the best that you know today, but which is to be improved tomorrow; you get somewhere.” ~ Henry Ford, founder Ford Motor Company.  The assembly line changed supply chain.
  • “All we are doing is looking at the time line, from the moment the customer gives us an order to the point when we collect the cash. And we are reducing the time line by reducing the non-value adding wastes.”  ~ Taiichi Ohno, father of Toyota Production System (TPS).
  • “Every breakthrough business idea begins with solving a common problem. The bigger the problem, the bigger the opportunity. I discovered a big one when I took apart an IBM PC. I made two interesting discoveries: The components were all manufactured by other companies, and the system that retailed for $3,000 cost about $600 in parts.”  ~ Michael Dell, founder of Dell Computer.  Supply Chain Expert.
  • “If your supply chain runs without many problems you either have a great supply chain or running very fat.”  ~ Dave Waters.
  • “Supply chains are everywhere.  From the biggest company in the world to running your household.  We all have supply chain experience even if we don’t know it.”  ~ Dave Waters.
  • “Many of our best opportunities were created out of necessity. “ ~ Sam Walton, founder of Walmart.

 

Apr 202017
 

Agile Project Management with Kanban

Agile Project Management with Kanban presentation approximately one hour long.  Very good video.  Kanban is a scheduling system for just in time (JIT) and lean manufacturing.  Great video for anyone in supply chain or manufacturing.

Eric Brechner: “Agile Project Management with Kanban” | Talks at Google

Supply Chain Blogs

Kanban Quotes

  • “Tell me and I will forget, show me and I may remember, involve me and I’ll understand.” ~ Chinese Proverb
  • “We are what we repeatedly do. Excellence, then, is not an act, but habit.” ~ Aristotle
  • “A bad system will beat a good person every time”. ~ W. Edwards Deming
  • “Are you too busy for improvement? Frequently, I am rebuffed by people who say they are too busy and have no time for such activities. I make it a point to respond by telling people, look, you’ll stop being busy either when you die or when the company goes bankrupt.” ~ Shigeo Shingo
  • “There are three kinds of leaders. Those that tell you what to do. Those that allow you to do what you want. And Lean leaders that come down to the work and help you figure it out.” ~ John Shook
  • “Out of clutter, find simplicity. From discord, find harmony. In the middle of difficulty lies opportunity.” ~ Albert Einstein
  • There is nothing so useless as doing efficiently that which should not be done at all. ~ Peter Drucker
  • “Many good American companies have respect for individuals, and practice Kaizen and other TPS (Toyota Production System) tools. But what is important is having all of the elements together as a system. It must be practiced every day in a very consistent manner–not in spurts–in a concrete way on the shop floor.” ~ Fujio Cho, President, Toyota Motor Corporation
  • “Today’s standardization…is the necessary foundation on which tomorrow’s improvements will be based. If you think “standardization” as the best you know today, but which is to be improved tomorrow – you get somewhere. But if you think of standards as confining, then progress stops.” ~ Henry Ford

Agile Project Management with Kanban

 

Apr 172017
 

Motivation Quotes

Large assortment of Supply Chain, Leadership and Motivation quotes.

  • “An organization’s ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.”  ~ Jack Welch
  • “If you pick the right people and give them the opportunity to spread their wings and put compensation as a carrier behind it you almost don’t have to manage them.”  ~ Jack Welch
  • “Effective leadership is not about making speeches or being liked; leadership is defined by results not attributes.”  ~ Peter Drucker
  • “A true leader has the confidence to stand alone, the courage to make tough decisions, and the compassion to listen to the needs of others. He does not set out to be a leader, but becomes one by the equality of his actions and the integrity of his intent.”  ~ Douglas MacArthur
  • “Everyone has the heart of a champion on game day. It’s the heart you have during the weeks, months, and years of preparation that actually makes a difference.”  ~ John M. Raymond
  • “Flaming enthusiasm, backed up by horse sense and persistence, is the quality that most frequently makes for success.” ~ Dale Carnegie
  • “You have brains in your head. You have feet in your shoes. You can steer yourself, any direction you choose.”  ~ Dr. Seuss
  • “The best executive is one who has sense enough to pick good people to do what he wants done, and self-restraint enough to keep from meddling with them while they do it.”  ~ Theodore Roosevelt
  • “Outstanding leaders go out of their way to boost the self-esteem of their personnel. If people believe in themselves, it’s amazing what they can accomplish.”  ~ Sam Walton
  • “It is better to lead from behind and to put others in front, especially when you celebrate victory when nice things occur.  You take the front line when there is danger. Then people will appreciate your leadership.”  ~ Nelson Mandela

stop to smell the Roses