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Managing Supply Chains

Wednesday, December 2, 2009. Lessons from the Recession (2007-2009): What story is the data telling me? You probably have experienced that sometimes certain decisions (personal or business) are based on yours or someone’s subjective opinion rather than factual empirical evidence. When you decide to work off an opinion you are technically taking a chance. The probability of success in this case is 50%. A way to increase this probability is by means of “an educated guess”. Thanks to www.data.gov. I am not ...

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Managing Supply Chains | managingsupplychains.blogspot.com Reviews
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Wednesday, December 2, 2009. Lessons from the Recession (2007-2009): What story is the data telling me? You probably have experienced that sometimes certain decisions (personal or business) are based on yours or someone’s subjective opinion rather than factual empirical evidence. When you decide to work off an opinion you are technically taking a chance. The probability of success in this case is 50%. A way to increase this probability is by means of “an educated guess”. Thanks to www.data.gov. I am not ...
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Managing Supply Chains | managingsupplychains.blogspot.com Reviews

https://managingsupplychains.blogspot.com

Wednesday, December 2, 2009. Lessons from the Recession (2007-2009): What story is the data telling me? You probably have experienced that sometimes certain decisions (personal or business) are based on yours or someone’s subjective opinion rather than factual empirical evidence. When you decide to work off an opinion you are technically taking a chance. The probability of success in this case is 50%. A way to increase this probability is by means of “an educated guess”. Thanks to www.data.gov. I am not ...

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managingsupplychains.blogspot.com managingsupplychains.blogspot.com
1

Managing Supply Chains: August 2009

http://managingsupplychains.blogspot.com/2009_08_01_archive.html

Tuesday, August 18, 2009. The Vending Machine Demand Model (c). Have you ever wondered about how small things that we do on a daily basis can impact the supply chain of products? Here is an interesting example for you:. Often times when I forget to bring lunch from home, I run to the vending machine down the hall to grab something quick. To my dismay, a majority of the items in the machine are things that I don’t really want! Is it feasible to determine the true demand of a product if a possible “s...

2

Managing Supply Chains: September 2009

http://managingsupplychains.blogspot.com/2009_09_01_archive.html

Sunday, September 6, 2009. The Consumer Can Be Predictable! The Question Is: "Are you listening? As a kid growing up in New Delhi, I remember that every Saturday morning at around 10am we had a vegetable hawker. Come by our house. He would bring every vegetable my mother wanted. He would always have sufficient quantity and the right quality. The hawker was the supplier for our street which probably had close to 30-35 families. When I think about it now. A few things jump out at me:. The hawker did not.

3

Managing Supply Chains: December 2009

http://managingsupplychains.blogspot.com/2009_12_01_archive.html

Wednesday, December 2, 2009. Lessons from the Recession (2007-2009): What story is the data telling me? You probably have experienced that sometimes certain decisions (personal or business) are based on yours or someone’s subjective opinion rather than factual empirical evidence. When you decide to work off an opinion you are technically taking a chance. The probability of success in this case is 50%. A way to increase this probability is by means of “an educated guess”. Thanks to www.data.gov. I am not ...

4

Managing Supply Chains: October 2009

http://managingsupplychains.blogspot.com/2009_10_01_archive.html

Tuesday, October 13, 2009. Lessons from the Recession (2007-2009): Lean Inventories and the Integrated Supply Chain. According to Wikipedia; “The US entered a recession. At the end of 2007, and 2008 saw many other nations follow suit.” Many economists believe that the recession that started in late 2007 in the US was a direct consequence of (a) the Housing Market Correction. And (b) the Subprime Mortgage Crisis. Consequently to match this decline in demand, businesses started to cut down on their invento...

5

Managing Supply Chains: Lessons from the Recession (2007-2009): What story is the data telling me?

http://managingsupplychains.blogspot.com/2009/12/lessons-from-recession-2007-2009-what.html

Wednesday, December 2, 2009. Lessons from the Recession (2007-2009): What story is the data telling me? You probably have experienced that sometimes certain decisions (personal or business) are based on yours or someone’s subjective opinion rather than factual empirical evidence. When you decide to work off an opinion you are technically taking a chance. The probability of success in this case is 50%. A way to increase this probability is by means of “an educated guess”. Thanks to www.data.gov. I am not ...

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Wednesday, December 2, 2009. Lessons from the Recession (2007-2009): What story is the data telling me? You probably have experienced that sometimes certain decisions (personal or business) are based on yours or someone’s subjective opinion rather than factual empirical evidence. When you decide to work off an opinion you are technically taking a chance. The probability of success in this case is 50%. A way to increase this probability is by means of “an educated guess”. Thanks to www.data.gov. I am not ...

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