I want to take a closer look at the importance of “time” or “speed of production” in operations decision-making. Time has only a partial effect on the fixed component...
CFO runs a spreadsheet model and discovers they must reduce inventory by 10%. Just cutting production and purchasing across the board runs the risk of creating chaos...
Traditionally, direct cost comfortably outweighed indirect cost for most manufacturers. Over the last few decades however, things have changed...
Operations guys who’ve spent a lot of time and effort on Lean Transformation or Six Sigma cost improvement projects, are sometimes disappointed with...
Some time ago a plant manager friend of mine told me he always felt like he was “flying blind” with his ERP system. “It tells me the jobs that are started and finished...
Vayoom is a play on the sanskrit word "Vyom", which literally means "space". It is a technical term for ancient sciences of connectedness, mathematics, and geometry...