This quick (7 min) video provides crisp description of a widely unrecognized problem facing nearly every operations leader, strong evidence of the problem, and a solution with major benefits.
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Week 29 – Inventory Management Mistakes, Part 2
We have seen inventory managers and planners make the mistake of monitoring on-hand to determine how much inventory they should order. This is an incomplete approach and we describe the appropriate measure for good control.
Week 28 – Inventory Management Mistakes, Part 1
We explore a widespread error in inventory management which is very basic, very harmful to customer service and cost, and easy to fix.
Week 27 – Saving Billions with Operations Science in Engineering and Construction, Part 2
Following up with last week’s introduction to the application of operations science in Engineering and Construction projects, a case study is provided this week with specifics of application.
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