Math is not Real
1 April 2011
by BILL WADDELL Suppose I were to ask you to count the apples in your house and tell me the result. Seems like a simple enough proposition, but as s…
A Family Business
31 March 2011
by BILL WADDELL The other day I took a jab at managers who run purchasing guided by standard costs, describing how life might be if they were to run…
Cost Accounting Is Not A Supply Chain Strategy
28 March 2011
by BILL WADDELL In my Supply Chain Risk 101 post last week Jim Fernandez asked a very good question - to wit, what if the stuff from the high risk pl…
The Times Are Certainly A-Changing
26 March 2011
by BILL WADDELL What would you get if you crossed the music of Bob Dylan with the brilliance of Tom "Management By Means" Johnson?…
Supply Chain Risk 101
25 March 2011
by BILL WADDELL The supply chain disruption stories resulting from the disaster in Japan are reaching a ridiculous level. As much respect as I have…
Goring the Lean Critics
24 March 2011
by BILL WADDELL Digging for facts to support our opinions and preconceived beliefs is not the same thing as learning, yet that is what most of us do.…
Missing the Obvious
23 March 2011
by BILL WADDELL Imagine a five story building burning out of control, and some poor soul jumping from the roof in a desperate attempt to save his lif…
The value of quality trumps the easy buck
15 March 2011
By Kevin Meyer WIthin the space of five minutes I came across two articles on two companies that have placed quality ahead of easy short-term profits…