Richard Cushing
Recent Posts
Understanding Supply Chain Dimensionality
In order to understand better how to manage your supply chain effectively, and how to maximize ROI on your investment in inventory in your supply chain, you really need to grasp some additional dimensions that help define how your inventory gets ...
Continue readingInventory Management Best Practices Part 4: Team Management
In our continuing series about inventory management and control best practices, let’s go on to see some additional practices that are important, or even crucial, to successful supply chain efforts.
Continue readingInventory Management Best Practices Part 3: Managing Units
In Part 1 and Part 2 of this series, we talked about controlling inventory, before being able to competently manage inventory. We also talked about some other best practices for organizing inventory in your warehouse. Let’s go on to see what other ...
Continue readingInventory Management Best Practices Part 2: Organization
In Part 1 of this series, we talked about controlling inventory, before being able to competently manage inventory. Now, let’s talk about some other best practices.
Continue readingHow to Get Out of the Sunk Cost Trap
Some years ago I was working “The World of Concrete” (a giant, international trade show held annually in Las Vegas) for a software company offering a product to the industry.
Continue readingInventory Management Best Practices Part 1: Control
It's unquestionable that you cannot manage your inventory if you do not control your inventory. Many times, I have been told, “Our people just don’t trust the numbers they see in the ERP (Enterprise Resource Planning) system. Everything has to be ...
Continue readingWinnie-the-Pooh and Your Supply Chain
The other day, I watched the recent Christopher Robin film with three of my grandchildren. I’ll tell you a secret: A.A. Milne and Winnie-the-Pooh are favorites of mine, even as an adult. What astounded me about this film was the nuggets of real ...
Continue readingThe Biggest Economic Gains Come from Innovation
Economists and economic theory can, more or less, explain only about 20 percent of the worldwide growth in per-capita income over the last 200-plus years. After economists account for factors such as labor, capital, natural resources, they ascribe ...
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