Just-In-Time: The Buffer Was Hiding Something
Cutting inventory frees a lot of cash. The original reason for cutting it was different — stock conceals late suppliers and broken machines, and removing it forces them into view.
Cutting inventory frees a lot of cash. The original reason for cutting it was different — stock conceals late suppliers and broken machines, and removing it forces them into view.
Crossing an ocean can cost less per item than the final eight kilometres. Once you see logistics as handling events rather than distance covered, most of the field makes sense.
Chip design is spread across hundreds of firms. Making the advanced ones happens in very few places — and that single asymmetry explains the shortages, the politics, and the fragility.
A five percent shift in consumer demand stopped the world's car factories. The distortion happens on the way upstream — and it is entirely rational at every step.
A shower with a four-second lag will defeat anyone. The oscillation is a property of the loop, not the person — and most organisational dysfunction works exactly the same way.