2 ms·
Slack =|= buffer. Slack is, ironically, increasing the likelyhood of those things happeneing. Well managed buffers can mitigate them. Nothing prevents bad decis
by hef19898 4y ago
Slack =|= buffer. Slack is, ironically, increasing the likelyhood of those things happeneing. Well managed buffers can mitigate them. Nothing prevents bad decisions from happening and no amount of inventory can save you from a pandemic induced disruption of global supply chains, because nobody has the money to fund those inventories. And even having those funds, it would be much wiser to use them in actively managing your suoply chains instead o just building slack...
Fun fact: Toyota was among the least affected manufacturers, so much for TPS doesn't work.
Second fun fact: When it comes to supply chains everybody not working in SCM seems to know better when somethung goes wrong ehile ignoring all the times stuff just "magically" shows up. This is true for all backbone domains so, from utilities over supply chains all the way to waste removal and the medical profession. The latter less so due to all those drama series.
- Akronymus 4y ago> so much for TPS doesn't work. Well, just like agile, most companies aren't actually implementing TPS but something that looks similar on the surface. "A Toyota spokesman said one of the goals of its lean inventories strategy was to become sensitive to inefficiencies and risks in supply chains, identify the most potentially damaging bottlenecks and figure out how to avoid them. “The BCP for us was a classic lean solution,” he said." https://www.reuters.com/article/us-japan-fukushima-anniversary-toyota-in-idUSKBN2B1005 https://www.reuters.com/article/us-japan-fukushima-anniversa... It's much more about seeing problems faster than just cutting down on inventory for the sake of cutting down on inventory
- hef19898 4y agoCutting down inventory for the sole sake of cutting inventory is bad idea anyways.