Supply chains are complex and interrelated connections between different companies. During the last few decades, globalization led to supply chains spanning throughout the globe. Various sources of economies of scale created a de-industrialization of Western countries, with many relying on…

The economic crisis is showing signs of falling behind, but that does not mean money is piling up, let alone that it is time to loosen control and the urge to cut back unnecessary expenses. Inventory management is one area…

We always talk about the supply chain, the value chain, production chains, but we rarely take the time to stop and think about what these different chains mean in practice. In this post, we are going to demystify production chains,…

Facility layout deals with arranging things within a facility. The things being place can be workshops in plants, machines, workstations, sections, offices… the facility in which these things are placed can be production plans, assembly lines, offices, workshops, etc. Simply…