Over the weekend, I read a book called Risk: a User's Guide. The authors, which include former general McChrystal, make an interesting point about the use of probability. First, let's look at the traditional approach to … [Read more...]
New Product: How Many Builds before Mass Production?
When a new product is made in a factory for the first time, there are always uncertainties. And going straight into a large production batch is risky. Many issues can cause that first batch to be a disaster, including: One of the … [Read more...]
Have You Revised your Supply Chain Risk Analysis?
Last year, I wrote about the Business Continuity Plan (BCP). More and more companies request their suppliers to prepare a BCP, as a structured approach to performing a supply chain risk analysis to get prepared for the risks they are … [Read more...]
Richard Barnett | Electronics Supply Chain Risk Management in 2021 [Podcast]
Let's hear from an electronics supply chain expert about how to improve supply chain resilience and reduce risks... Richard Barnett of Supplyframe, an expert in electronics supply chains with decades of experience in Asia, joins … [Read more...]