Drowning in numbers -- Watch this video from The Economist.
Supply chain "clock speed."
Clock-Speed Mismatches in the Modern Supply Chain -- I think just about everyone would agree that the pace of business is accelerating, and that supply chain organizations are expected to be more nimble and responsive; yet, many of the things that we do, collectively, in the supply chain appear to be at odds with this expectation. Many years ago, I started thinking about the cadence, or clock-speed, of different parts of the supply chain (a concept that was popularized in Professor Charles Fine's excellent book, Clock-Speed: Winning Industry Control in the Age of Temporary Advantage) with the idea that different parts of the supply chain operate with different cadences, or at different inherent clock-speeds.
A "lean" black Friday.
Black Friday game plan -- "Retailers are being very strategic with their supply chains," said Jonathan Gold, NRF's vice president for supply chain and customs policy. "Although sales are expected to be in line with the 10-year average, retailers are keeping inventory levels extremely lean and filling their stores wall-to-wall with discounts and promotions. "Unlike in 2008, when the financial crisis caught everyone off-guard, retailers have a strong understanding of the consumer mindset this Christmas," he added.
Six degrees? Try 4.74.
Separating You and Me? 4.74 Degrees -- Adding a new chapter to the research that cemented the phrase "six degrees of separation" into the language, scientists at Facebook and the University of Milan reported on Monday that the average number of acquaintances separating any two people in the world was not six but 4.74.