Letter Re: A Cautionary Tale of the Consequences of the Lean Supply Chain
Dear Mr. Rawles, I have been reading your blog for about a year (sincere thanks for a great job) and have introduced a few dozen folks to its collected wisdom. I pass along this article, from The Telegraph in the United Kingdom, that speaks to the mounting impact/consequences of the eruption of the Eyjafjallajokull volcano. For a long time I have had concerns about the practice that manufacturing businesses have adopted for managing their supplies and inventory – namely the employment of Lean Supply Chain (LSC) manufacturing techniques. While companies (nations) reduce expense for maintaining inventory, in the short run, …