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Seven Myths to Beat Before They Beat You

Simchi-Levi, David

Seven Myths to Beat Before They Beat You






Many traditional operations strategies - such as just-in-time, lean manufacturing and offshoring - may not suffice in today's trickier global economy, marked by rising labor costs in developing countries, and huge volatility in oil and other commodity prices. Sticking to received wisdom risks doing more harm than good by imperiling a firm's control over its supply chain. In this article based on his book, Operations Rules: Delivering Customer Value Through Flexible Operations, the author tackles seven myths that companies often struggle with in their operations. Recognizing these myths, he says, can help an organization avoid potential problems. Unfortunately, some of these pitfalls are disguised as quite reasonable strategic goals. But when they are followed, an organization is almost guaranteed to fail or miss opportunities. Considering issues such as cost cutting, product characteristics and information technology, the author stresses that flexibility is the key for companies to innovate their operations and supply-chain strategies, and compete successfully in turbulent times.
Also available in: ESPAÑOL

Publication date

15 Mar 2011

Availability: In stock

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