An interesting story. Could apply to shipping too. Shortage of certain rail cars leads to malfunction in the supply chain. Same thing happens when ships of a sort are taken out of service– long ramp up time.
Pains, Trains & Automobiles « The Operations Room
Posted in Logistics, Production Operations, Supply Chains
This is a very important technique and everyone in manufacturing is starting to do it. Like any other operational technique, if it works, and you don’t do it, you won’t be competitive in your industry. So every young executive owes it to yourself to get familiar with the techniques and risks of hedging.
Hedging and Improving against the Loonie « The Operations Room
Posted in Logistics, Production Operations, Strategy, Supply Chains
How many items should we allow a customer to put in a bag? An interesting perspective and not the whole answer by any means.
Bagging process design « The Operations Room
Posted in Logistics, Production Operations
Supply Chain Digest Port Technology International Marine Link
