ABSTRACT

The next morning, Bob arranged a meeting with the leadership team to discuss how parts replenishment problems should be addressed. When everyone was seated, he began his presentation. “Most, if not all, businesses are linked one way or another to some kind of supply chain. They need parts or raw materials from somebody else in order to do what they do and pass it on to the next system in line until it finally arrives at the end consumer. Depending on what you make and how fast you make it, the supply chain can be your best friend or worst enemy. If it works well, it’s your best friend. If it doesn’t work well, it’s your worst enemy.”