What is the relationship between submarines and the global supply chain? Don’t worry, it doesn’t have to do with underwater container ships, and Elon Musk hasn’t floated the idea of a silk road via an underwater Hyperloop. Well, not yet, I guess. But what is it about? We have recently seen in the press the … Read more
Supply chain leaders have dealt with disruption since well before the pandemic. Strategies for addressing VUCA—an acronym that stands for volatility, uncertainty, complexity, and ambiguity—have circulated in business management journals for the better part of a decade. Industry watchers have warned about dangers that range from natural disasters to trade disputes. And then, in 2020, the Covid-19 pandemic gave … Read more
When you learn the principles of MRP, you use a view like the one below. Periods 1 2 3 4 5 6 Forecast 40 50 40 40 70 20 Registered orders 80 45 30 50 50 5 Requirements 80 45 40 50 70 20 Projected Inventory 50 170 125 85 35 … Read more
What happens in our brain when we exercise our intuition? A French scientific magazine recently devoted a fascinating dossier to intuition (Science & Vie, August 2021 https://www.science-et-vie.com/archives/n-1247 ). It appears in particular that intuition is the automatic implementation by our brain of knowledge accumulated in our long-term memory. Far from being a random and therefore unreliable process, … Read more
