Category: Supply Chain

Learn from the Big Guy

We have all heard the flight attendant say, “Thank you for flying with us and welcome your destination, another on time arrival.”  Usually stated with gusto, as if an on time arrival was uncommon! Pundits and politicians are telling us that Santa will be late this year.  More salt on the wound, the jolly elf

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The Secret of the Pencil

The writing instrument, the pencil is purported to have been invented in 1795.  It has been around for a while and continues to serve a useful purpose. In the following video, the late economist Milton Friedman describes the process for manufacturing this simple longstanding tool.  The point he makes is that regardless of the simplicity

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