“I don't like the term Stock Keeping Unit because it Implies that the priority is to keep products in stock. But keeping things in stock is inefficient and therefore should not be the priority. The ideal is for there to be minimal gap between production and sale; minimal gap between the time of production and time of consumption. The ideal is for things to be produced as needed, not to be stocked until needed.”
Quote by Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth
Author
You May Also Like
Source: Atlas of AI: Power, Politics, and the Planetary Costs of Artificial Intelligence
“Execution under pressure determines whether strategy survives reality.”
Source: Strategic Leadership in Global Food Trade: Supply Chain Resilience and Economic Stability in a Geopolitical Era
“Mere prattle without practice”
Source: Othello
Source: Dark Bites
Source: Horse Latitudes