April 2024
Intermediate to advanced
416 pages
9h 9m
English
As discussed in the Chapter 1, there are five supply chain drivers that determine the performance of any supply chain: production, inventory, location, transportation, and information. And the goal of most supply chains is to manage them so as to “increase throughput while simultaneously reducing inventory and operating expense” as Eliyahu Goldratt so clearly and simply stated in his book, The Goal (2014, 30th Anniversary Edition, Great Barrington, MA: North River Press).
Accomplishing this goal requires constant adjusting of the first four drivers to get the right balance of efficiency and responsiveness as the world changes. And the key ...