By now, people should have already heard many times the term “supply chain shortage” in various settings: semiconductor chips, ports, airfreights, toilet papers....
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,...
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...
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...
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...
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....