Category: General

General

The Climb

More than enough has already been written and said about Tiger Woods’s victory in the Masters this weekend – about the improbable nature of his comeback and everything the victory means for him, and the sport. I don’t necessarily want to add to the analysis, since plenty of others have already said it better than …

General

Just-in-time vs. Just-in-case

Just-in-time production methodologies had a major impact on manufacturing. Rather than a given worker receiving inputs well before they were needed, the workers began to receive their inputs “just-in-time.” This meant that inventory levels were reduced to almost nothing, virtually eliminating the cash stuck in in-process product and bringing production issues to the surface so …