We sometimes create problems more than we encounter them. A large conglomerate builds a huge packaging facility in the outskirts of Manila. When I visited the plant, I asked the operations manager why such a big facility was built? “We built the facility to attract customers,” the operations managers said. “So, it was built,Continue reading “Strategic Planning as Problem Solving: Why Not?”
Tag Archives: factory
The Pros & Cons of Trigger-Dependent Systems
I complained to the Philippines’ Department of Trade & Industry (DTI) that a mobile phone seller didn’t honour the terms of a promotion in which I was entitled to a PhP 3,000 allowance to buy smartphone accessories. The DTI responded that I have to fill out a form before the department would respond. No form,Continue reading “The Pros & Cons of Trigger-Dependent Systems”
Non-Moving Inventories: The Supply Chain’s Elephant in the Room
The phrase, “elephant in the room,” is said to have originated from a fable by Ivan Krylov that tells about “a man who goes to a museum and notices all sorts of tiny things, but fails to notice an elephant.” It has become a favourite expression for an obvious problem or issue that for someContinue reading “Non-Moving Inventories: The Supply Chain’s Elephant in the Room”