The Tao of Supply Chains and Simple Data Connections
The basis of my talk in Istanbul last week was that the essence of supply chain management can be illustrated in a single diagram that shows the simple underlying pattern behind all the apparent complexity (see below). There are five supply chain drivers (Production, Inventory, Location, Transportation, and Information), and the goal is to manage them so as to “Increase throughput while simultaneously reducing inventory and operating expense” as Eliyahu Goldratt so eloquently put it in his book The Goal. Læs mere her.
