“Cost Accounting is enemy number one of productivity.” – Eliyahu Goldratt “First I kept the cost accountants out of my plants, but I found this was not the solution…It wasn’t…
The answer from Jean-Pierre Goulet, “It’s easy, we used Factory Physics science to achieve the goal!” This case study is about a manufacturer of kitchen cabinets (we’ll call them “Cabinets Inc.”).…
A March 10, 2016 article in the Wall Street Journal was headlined, Americans Rank Last in Problem-Solving With Technology. The problem is not a lack of technology. The problem is that…
The astronaut in the picture is where he or she is (and successfully back from there) because of thorough application of many branches of science. Science is the process of…
Vince Lombardi once said, “Perfection is not attainable. But if we chase perfection, we can catch excellence.” Managers often forget the first sentence of that quote and, with guns and slogans…
There are many ways to fail at inventory optimization but I list three primary causes and welcome your ideas and comments. 1) People don’t understand basic inventory concepts. This problem…
We see a tremendous amount of wasted effort on inventory optimization at companies. It’s not unusual to see efforts repeatedly diverted from one inventory effort (“Improve forecast accuracy!”) to another…
Welcome to the Factory Physics blog. We are providing this blog as a forum for questions, comments and discussion. To start with, we provide a link to our most recent…
