Imagine trying to build anything important without some type of blueprint or specification.  This would be especially chaotic if there were a lot of people involved.   In product design, it is common to start with an initial specification or a...

Most every company talks about a Lean supply chain. The pressure to reduce inventory, improve asset velocity, preserve cash, and make the numbers look good on the balance sheet drives most supply chain professionals to think Lean. Moving to Lean...

Forecasts are rarely perfect. If you believe Fed Chairman Ben Bernanke and business leaders like Cisco’s John Chambers, we are in a period of “unusual uncertainty” , which means that your forecasts will probably be even less accurate and that you...