Sunday, April 30, 2006
Have Venue Will Travel
SKI Speaks Out
Sometimes, you gotta leave the nest...
There is a short list of causes for which I am passsionate. A very short list. However, Eli Goldratt and his Theory of Constraints (TOC) is on that list. So when I had a chance to contribute time and energy to help promote his Viable Vision Offers, I jumped.
One of the tools we are using to get the message out is public [and private] speaking. As an ATM with Toastmasters International, I love to speak. I love to travel. Put the two together, and you have a match made in heaven!
Have a Venue?
I will travel!
I posted more details over on ToCtalk dot net:
http://www.toctalk.net/showthread.php?t=49&goto=newpost
Jeff 'SKI' Kinsey, Jonah
Constraints Management Guru
Tuesday, April 18, 2006
Heritage PGA stop at Hilton Head Island
Official Verizon Heritage Web Site
At this moment in time, the results for this year's event have not been posted. However, the Island Packet has coverage online, including stats for winner Aaron Baddeley.
What a great event. And the weather was perfect! I was talking with Ed McCullough earlier in the week, last week, and he suggested that I come down and help his Rotary club man their concession stand. I did; maybe you bought something from me on the eighth green?
Well, the crowds were gone from our concession booth in time for Ed and I to catch the last two groups as they played in from the 16th. Amazing. Now, I see how it is supposed to be played! A few years ago I played Harbour Town. What a treat.
You cannot imagine how small that 18th green is, until you see it up close and personal! No surprize that some of the long-ball hitters pass on the Heritage most years... as I recall, Harbour Town is the shortest and tightest course on the PGA.
I did not have my camera with me, but yesterday before leaving, I went to the Marriott (one of my favorite spots on the island, especially for breakfast at sunrise!) and took these photos...
Hilton Head Island Ocean Photos
Jeff 'SKI' Kinsey
Saturday, April 08, 2006
Apple Supply Chain circa 1999
Apple Supply Chain
As brilliant as Steve Jobs is, and he deserves every accolade used for Apple's turn-around shortly after his return to the helm, there was more to the story. Just as he teamed with co-founder Steve 'Woz' Wozniak to create a synergy that reinvented the world of computers, Jobs lured Tim Cook away from Compaq with a $500,000 sign on bonus.
Why? Cook understands the supply chain of manufacturing like few others.
In 1997, Apple was turning inventory just ten times a year. Dell 40! Cook said, "We're looking at how to leapfrog them and be better." A tribute to the oft misunderstood slogan, "Think Different." Cook was able to transition Apple to over 180 turns per year, and closed December 1998 with just two days of inventory. According to the IndustryWeek article ("What's Really Driving Apple's Recovery" Publication Date 3.15.1999), Dell finished December with seven days.
One important note perhaps wasted on everyone, except the corporate bean counter, is the metric that Apple went from $437 million dollars of inventory at the end of their fiscal year in 1997, to just $25 million by the end of December 1999. This is profound. FASB may be your accountant's friend, but they are no friend to executives needing measures to direct operations. The impact of this change alone on a company's financial statements would require massive doses of aspirin to explain!
So what?
Ever have one of those moments, when time stops, and you hear something? Or see something that you missed? Doing some research on Supply Chains within Distribution for the upcoming Viable Vision Offer to be held in Raleigh, North Carolina next month, I was watching the GSP videotape on Distribution and Supply Chain and heard Eli Goldratt mention this IndustryWeek article. I never bothered to look it up. Until today.
Constraints Management works. Even if no one bothers to call it by name. Rooted in cause and effect logic, Goldratt's Theory of Constraints is more than just common sense. Think Different.
It can be profound.
-ski
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