A great article on this thing called “supply chain shortage”
By now, people should have already heard many times the term “supply chain shortage” in various settings: semiconductor chips, ports, airfreights, toilet papers....
Category
operations management
Simulation: Is demand equal to sales? (Part II, and why is there a Loch Ness Monster?)
In an earlier post, we discussed the difference between demand and sales using a simulation exercise. Now the question is: How can we visualize the difference? To start off,...
Elon Musk Gets Manufacturing
Why is large-scale manufacturing hard? This is one thing that many people do not quite grasp. And indeed it can be hard to explain, because there are a number of governing...
Carbon Foot printing: Devil is in its details…
I have been reading up on the carbon foot printing work lately. A lot of interesting findings. Overall, my impression is that the modern e-commerce is not significantly...
The Dawn of the Modern Power Grid Started Right Here in Massachusetts (and It was Clean Energy!)
Electrification is indeed the single great achievement of our society. And yet, I was delighted to find out the modern power grid actually started in Massachusetts, a state I...
Why is Chick-Fil-A Picking up Market Share (and Why is McDonalds Testing Robot Fryers and Voice-Activated Drive-Through)?
WSJ recently ran an interesting article (and video) on how and why McDonalads is testing using robots to cook and voice-recognition software to take orders at drive-through....