Time to rethink Just-In-Time

Time to rethink Just-In-Time

Just-In-Time (JIT) inventory and manufacturing systems are management strategies where replenishment orders of raw materials, assemblies, and finished goods are based on production schedules; which themselves are based on real customer orders that are due at specific dates (even times).  The objective is to increase efficiency and effectiveness by decreasing the waste associated with carrying…

Supercharged Supply Chain; Warehouse Optimization

Supercharged Supply Chain; Warehouse Optimization

In this episode of “Supercharged Supply Chain”, Ron and Joseph discuss warehousing; its present state, trends, some of the opportunities and challenges that exist, and what the future might hold. One of the biggest beneficiaries of the COVID pandemic has been the warehouse industry. The increase in the volume of ecommerce has been astounding. Look…

Supercharged Supply Chain; Supply Chains in a VUCA World

Supercharged Supply Chain; Supply Chains in a VUCA World

Our supply chains operate in a world that is full of Volatility, Uncertainty, Complexity, and Ambiguity; a VUCA world where; V = Volatility: there is a lack of stability with what being known today changes often without warning. U = Uncertainty: there is a lack of knowing all of the variables and being able to accurately predict operating conditions….

State of Readiness; Daniel Bumblauskas, Ph.D., COVID-19 as a “Black Swan” event

State of Readiness; Daniel Bumblauskas, Ph.D., COVID-19 as a “Black Swan” event

Daniel has spent his entire professional and personal career in the field of Industrial Engineers.  In this episode, we explore the effects of the COVID-19 pandemic, a “Black Swan” event, on the way businesses might operate post-pandemic.   We start by discussing how telephony in education and the corporate world will be embraced more readily…