Each node optimising for itself does NOT mean that the entire chain will get the best results.
In fact, the OPPOSITE is true.
Local Optima DOES NOT mean a Global Optima.
Learning to whom to subordinate is half the battle won.
#learning #subordinate #lessismore
https://lnkd.in/gdxShFM8
Buyers buy to optimise
– purchasing costs
Sales sells to optimise
– targets
Stores will end up
– Accumulating stock
Unbalanced Stock levels.
Powerless control.
The inventory management team should be responsible for
– Assessing demand
– Appropriate stock levels
– Instruct buyer on WHAT and WHEN to supply