Gemba Walk: the Path to Continuous Improvement
Gemba Walk: the Path to Continuous Improvement. The Gemba Walk is walking around where the work is being done to understand what is going and and seeing how to help. …
Gemba Walk: the Path to Continuous Improvement. The Gemba Walk is walking around where the work is being done to understand what is going and and seeing how to help. …
A Plan Is Not a Strategy – Harvard Business Review. The statement “A plan is not a strategy” is a reminder that there is a difference between having a plan …
A Plan Is Not a Strategy – Harvard Business Review. Read More »
Book Summary of “Good to Great” Applied to Supply Chain. “Good to Great: Why Some Companies Make the Leap… and Others Don’t” is a business book written by Jim Collins. …
Book Summary of “Good to Great” Applied to Supply Chain. Read More »
Peter Drucker Quotes -“Father of Modern Management.” Peter Drucker is often called the “father of modern management” for his pioneering work on topics such as knowledge workers, decentralized decision-making, and …
Peter Drucker Quotes -“Father of Modern Management.” Read More »
What is a Competitive Advantage? Competitive advantage refers to the unique advantage that a company has over its competitors that enables it to create and deliver value to its customers …
ABC Analysis in Inventory Management. ABC analysis divides inventory into three categories. The “A” inventory has very tight controls and thorough records, the “C” inventory has the simplest controls, and …
What is Supply Chain Postponement Strategy? Supply chain postponement strategy is a approach to managing the flow of goods and materials through a supply chain in which final product customization …
The Balanced Scorecard – Simple explanation. The critical characteristics that define a Balanced Scorecard include: a focus on the strategic agenda of the organization/coalition concerned; a focused set of measurements …
What is an Agile Supply Chain Strategy? An agile supply chain is flexible and responsive and is able to quickly adapt to changing conditions and customer demands. Agile supply chains …
What is Disruptive Innovation? Disruptive innovation is a term used to describe a new technology, product, or business model that fundamentally changes the way an industry operates. Disruptive innovations typically …
What is Disruptive Innovation? How will your industry change? Read More »