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5 examples of the black swan theory

Logistics at MPEPS at UPV

Today we are going to find out what the black swan theory means, how it affects the economy and the society overall and several examples of how the black swan events have changed the words. Even though,the black swan events are often inappropriately rationalised after the fact with the benefit of hindsight.

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Is Your Problem Technical or Adaptive?

The Lean Thinker

No matter which of those courses of action I chose, they are not things I can assign to someone else to do for me. The expansion, examples and explanations are my interpretation. A new ERP system is a prime example. Anyone who has been though a classic “kaizen event” knows this. I have to do the work myself.

MRP 195
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COVID Has Fundamentally Changed the Profession of Supply Chain Management

Logistics Viewpoints

The toilet paper shortage was one of the COVID era events that taught people what the term “supply chain management” meant. In warehouses, for example, one solution is labor management. Multinationals knew that events could occur that could cost them tens, or hundreds of millions of dollars.

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Boeing: The Turning Point(s)

The Lean Thinker

Of course, a high stock price enriches those people who already own shares, and makes options and stock grants more valuable, but they didn’t get into that either. ” The result was a 32 hour course that ran two days, then a break, then two days the following week. Elimination of waste: Focus on adding value.

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“95 Thesis” on Kaizen Events and TPS

The Lean Thinker

Kaizen Events. Kaizen events (or whatever we want to call the traditional week-long activity): Can be a useful tool when used in the context of an overall plan. This is independent of whether it is done in a week-long intense event or not. Classes and Courses ? If there is interest, I’ll put something together.

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Making a Difference in the Lives of Veterans and Children

Envase Technologies

Envase and Jim were happy to be able to co-sponsor the event. Of course the event was fun, but the real goal is raising money and awareness for two very important and essential causes. This event in Houston is just one example of how Envase gives back to the community.

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Demand Forecasting in an Inflationary, Supply-Constrained, Semi-Post-Pandemic Environment

Logistics Viewpoints

At that time, I wrote about the COVID pandemic, and how similar events occur that elevate the uncertainty of the market. These events make accurate forecasting very difficult. For example, interest rate hikes tend to deter lower priority investments and those that require debt financing. Review of Prior Impactful Events.