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Avoiding Disaster

Avoiding Disaster Volume 4 | Number 6 | June 2021 Let us begin our discussion with the fact that disasters are not a surprise and, therefore, can be avoided. As most of you are aware, I live in South Florida, or more specifically, Miami. It’s a beautiful area with sun-soaked beaches and bodies and a plethora of luxurious cars and boats to keep your lottery dreams alive. Unfortunately, our paradise came to a screeching halt last Thursday morning when those of us who were fortunate enough awoke to the news of a condo collapse in our beautiful city. Just 8 miles from my home, over one-third of the Champlain Towers South condominium building had collapsed! The video footage captured from a nearby security camera was numbing. It looked like a planned implosion - except for the fact that residents were peacefully sleeping in their beds. There are twelve confirmed deaths so far, with up to another

Winning The Parts Allocation War

Winning The Parts Allocation WarVolume 4 | Number 5 | May 2021 Shortages -we’re living them every day: stock-outs of our favorite food, the new gadget for the home office, or deficiencies that are impacting our manufacturing processes. Even if they are not directly affecting us, we certainly have heard about them on the

Are You Addicted to Inventory?

Are you Addicted to Inventory? Volume 4 | Number 4 | April 2021   Inventory? I know what you are thinking; I once was addicted to inventory too…and it nearly cost me a great job! Try to imagine me sitting at one of the old gray manufacturing desks surrounded by four walls of inventory. At the time, my manager walked up to me and said: Something got to go, Koch. You, me, or this inventory, and it s not going to be me.   This simple exchange transformed my life.   Many businesses are addicted to inventory, and it s become their drug of choice! Rather than solving the root cause of problems, the answer is, let s increase safety stocks. Leaders don t understand their addiction and how a massive dependency on inventory creates a monster that needs to be tamed. What do you see when walking through the doors of your operations? Do you see stacks of your organization s addiction?

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