By Paul Homchick-Oracle on Apr 14, 2014
A recent blog post at the Harvard Business Review discussed "What Business Can Learn from the Greatest Comeback in Sports History." They presented six points, and the original article is well worth reading. I'd like to boil down their advice to supply chain specific suggestions, and here we go:
- Companies often create rigid networks and procedures which tend to be efficient in day to day operations, but which can fail spectacularly when upset. Just as Oracle Team USA (OTUSA) adopted cross-fit training to create all-around athletes, companies should build flexible and resilient supply chain networks that contain sufficient redundancy to continue to operate when things aren't proceeding to plan. Often, companies use network optimization software to do this work."