September 2003
Intermediate to advanced
384 pages
8h 16m
English
Content preview from Supply Chains: A Manager's GuideBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Increasing Velocity
One of the simplest ways to advance the efficient frontier is to accelerate the flow of goods across your chain. Acceleration improves efficiency because inventory doesn't stay in the chain as long, which brings down the costs of holding that inventory. At the same time, increasing the velocity of inventory enhances flexibility because it reduces the time required to change what's in the pipeline in response to changing demand. If it takes six weeks for your inventory to go from production to consumer, then your product mix will always lag behind demand by a couple of months. On the other hand, if it takes six days to go from production to consumer, you can change that mix in a week.
An obvious way to increase velocity is ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.