Retaining Supply Chain Expertise

institutional knowledge
The biggest challenge organizations face is retaining expertise and organizational knowledge.  This may be hard to fathom, but in the 29 years I have been helping supply chain and business organizations make better decisions, it is surprising how often the groups re-visit the same decisions over again.  Key roles are turning over more quickly, and …
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The Impact of 5G Networks on the Digital Supply Chain

5G networks are the next generation of mobile internet connectivity, offering faster speeds and more reliable connections on smartphones and other devices than ever before. 5G will help power a huge rise in Internet of Things technology (extension of Internet connectivity into physical devices and everyday objects), providing the infrastructure needed to carry huge amounts …
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Effects of Highly Seasonal Demand on a Supply Chain

Seasonal Demand Product
I was in the grocery store the day after Easter – a shopping cart caught my eye. It was all the leftover goodies discounted to $1.00 from $5.99. These items had not suddenly gone bad – they were just cookies and candies shaped like rabbits and Easter Eggs. This cart of items started me thinking …
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A Day In The Life

Cargo container on the beach
Remotely Supporting Supply Chain Solutions to a Global Clientele Situation The day started a little earlier than most.  My peaceful slumber was interrupted by unexpected cargo carried over from the previous day that seemed to roll in like waves until the largest piece crashed to shore sometime around 4:30 am. Previous Day 7:30 am:  Time …
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Two Things I Like

Chocolate and Operations Research
Over the weekend I read an article in the Wall Street Journal about two subjects that don’t normally come up in the same conversation: chocolate and operations research. Everyone knows about chocolate and many of us enjoy it as a tasty treat whenever we can. However, when I refer to operations research (OR) in a …
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Reinforcement Learning

machine learning
I recently went to a talk on Reinforcement Learning (RL) in my local .Net development group.   I found the topic fascinating.  For those not familiar with Reinforcement learning; it is a type of unsupervised machine learning where the algorithm uses real-world feedback over time to learn what to do.   Instead of providing a set of …
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Identifying Which Customers Not to Serve!

Many companies don’t yet optimize their Total Delivered Cost (TDC) in their Supply Chain. Total Delivered Cost is the real measure of how much money it takes for a company to manufacture and deliver a product.  TDC gives you more accurate information than COGS, by giving you more details, and is based on the actual flow …
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