The uselessness of small data
For the last couple years, “big data” has been one of those next best thing buzz words of business. Its basic premise is now that we have oodles of data, lets figure out how to use to make the organization … Read More
For the last couple years, “big data” has been one of those next best thing buzz words of business. Its basic premise is now that we have oodles of data, lets figure out how to use to make the organization … Read More
Today, I took a tour of the the Mi-Jack facilities in Homewood, IL where they make the gantry cranes which load and unload containers on to intermodal rail cars. To be competitive the company needs to make a gantry crane … Read More
After listening to Daren Whisman, Director of Financial Operations of Memorial Hermann, a health care organization in Texas, being interviewed on Supply Chain Brain at http://bit.ly/15u3kDL, it caused me to think about the supply chain and logistics affects of the … Read More
Many smaller businesses have products they wish to sell to large retailers. There is a summary of Youtude video put out by Walmart in this article in Supply Chain Digest: http://www.scdigest.com/ontarget/13-08-21-3.php?cid=7335. (The Youtube reference: Walmart channel 8thandwalton: Walmart Senior Buyers … Read More
Yesterday I was privileged to visit the Greater West Town Training Program (GWTP). They are located at 500 North Sacramento in Chicago near the west end of the coach yards of the Union Pacific and Humbolt Park. It is modern … Read More
Thomas Alva Edison, one of the few people who we remember his or her middle name, once said genius is 1% inspiration, 99% perspiration. In logistics we are all about the perspiration part. Isn’t most of business the perspiration part, … Read More
I recently heard a presentation at a joint Chicagoland Chamber of Commerce- Chicago Roundtable CSCMP by Andrea Farris, Vice President of Inventory and In Stock at Walgreens and Dan Smolensky, Principle at the Modal Group. The Modal Group is a … Read More
I recently attended an export seminar on electrical equipment at the Industrial Council of Nearwest Chicago (ICNC). It is an organization to promote small businesses, particularly manufacturers and distributors in some industrial buildings west of the Loop, Chicago downtown area. … Read More
I recently finished H. Edwards Deming last book, The New Economics. I thought of particular interest to Logistics / Supply Chain Managers was the discuss of common versus special variance. Two particularly interesting examples of each. Common variance: A salesman … Read More
Last week a Bloomburg News story came out about Wal-Mart shelves not being stocked. The story can be found here: http://bloom.bg/13s6n3v The article contends that the are many reports of shelves of Wal-Mart being empty, primarily because there was not … Read More