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Everyone is aware of the radical shift—pioneered by the Japanese in the 1970s—from “just in case” (safety stock) inventory philosophy to “just in time.” But new competitive realities are pushing the inventory ante up at an alarming rate. Today's strategic imperative goes beyond JIT...
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“The date which will live in infamy,” December 7, 1941, is branded in our consciousness as the day the most famous surprise attack of the 20th century was launched. The Japanese attack on Pearl Harbor shocked the nation into joining a war many of its citizens were trying desperately to...
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When Alice's journey through Wonderland took her into the Queen of Hearts' croquet garden, she found a world short on logic, rules, and common sense.
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From the dawn of recorded business history, there has been a “secret formula” that every successful business leader has followed. Those who didn't know the formula, or those who chose to ignore it, were doomed to failure. That formula is, of course:
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