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Batch time is one of the major drivers of cycle time in many processes. This quick video provides a simple simulation to demonstrate the effects of batching on cycle time.
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Two Minute Videos
Week 42 – Manage Suppliers Better With Operations Science (3 of 3)
Once a supplier’s supplier’s strengths and weaknesses are understood from operations science-based analysis, supply chain managers can bring price into the conversation and much more easily establish a productive and mutually profitable relationship as we demonstrate.
Two Minute Videos
Week 41 – Manage Suppliers Better With Operations Science (2 of 3)
Just as you would survey the ground to evaluate it as a foundation for a bridge, you should evaluate your suppliers as part of building a relationship. Operations science provides the ability to evaluate suppliers without discussing sensitive cost information.