Category Archives: The Supply Chain Engineer

What is the difference between efficiency versus productivity?  One way to compare both is by looking at speed versus velocity.  In Physics, speed is the rate an object covers distance.  Velocity is the rate at which an object’s position changes.  Speed is all about how fast one is going.  Velocity is how fast one goesContinue reading “Efficiency versus Productivity; It’s Like Speed versus Velocity”

We all strive to be productive.  At work, at home, in whatever activity we participate. Yet, we don’t talk about productivity so much.  That’s maybe because productivity isn’t simply measurable. It’s easy to picture sales, costs, profits, and cash-flow.  Even if the accounting that generates them can be a little complicated, they’re easy to imagineContinue reading “Productivity: What Is It and Why We Should Pursue It”