Faster and cheaper is not always better...

Filed in archive Research on August 20, 2005

Many companies in the recent years have moved toward building a faster and cheaper supply chain based on the theory that faster and cheaper is better. This, along with the fact that majority of Automation projects with this aim have failed in the recent years brings out the question: what are the main reasons? Dr. Hau Lee from Graduate School of Business, Stanford University, based on his 15 years of experience on supply chains, explains that the underlying theory is wrong. Lee argues that successful chains are agile, adaptable, and aligned. He has published his ideas in Oct. 2004 issue of HBR.

Lee's paper, "The Triple-A Supply Chain," brought him McKinsey Awards for excellence in management thinking this year.

I have read Lee's Paper and I think it really worth paying only 6 $ to gain the valuable insights of Dr. Lee about what a successful supply chain looks like.

You can buy the copy here.