B Buffs

B Buffs

An Introduction to Supply Chain

Cargo ship loaded with shipping containers at sea, representing global supply chain logistics

Supply chain management is the engine that drives our business forward, integrating a wide range of functions to ensure efficiency, responsiveness, and resilience. Among the many critical pillars are process analysis, queuing, and inventory management—each playing a key role in…

Process Analysis: Process Mapping

Man mapping a supply chain process flowchart on a whiteboard in a startup office

When you think about supply chain management, you might picture trucks moving goods, warehouses filled with inventory, or production lines running at full speed. But have you ever stopped to ask: Are these processes working as efficiently as possible? Or,…

Process Analysis: Run time and Capacity

Female athlete leaping in mid-air against blue sky, symbolizing speed, efficiency, and performance in supply chain run time and capacity

In process analysis, once we have mapped the process, the next step is to focus on run time and capacity and other key metrics for each stage. These metrics allow us to optimize the process and make data-driven decisions. Measuring…

Process Analysis: How to Increase Capacity

Process Analysis: How to Increase Capacity

How Can We Increase This Process’s Overall Capacity? In the previous post, we: The process’s run time and capacity for each step are as follows: Step Process Time (hr/unit) Capacity (units/week) 1 Cut 3.20 12.50 2 Build 1 5.00 8.00…

Process Analysis: Cranberry Case 1

Process Analysis: Cranberry Case

In our previous posts, we explored the fundamentals of supply chain management, focusing on what capacity is and the various strategies you can use to increase it. However, a crucial element was missing from the equation: demand. This post will…

Process Analysis: Cranberry Case 2

Process Analysis: Cranberry Case

Demand Rates Now, let’s analyze the demand during the peak season. The expected average delivery this year is approximately the same as last year’s: 16,379.8 bbls Of this, 70% is expected to be wet cranberries. To determine if the current…

Process Analysis: Cranberry Case 3

Process Analysis: Cranberry Case

Removing Idle Time In our previous post, we identified the primary challenge at the National Cranberry processing plant: a severe bottleneck in the wet cranberry processing line because the truck arrival rate exceeded the plant’s capacity. Now, we will explore…

How Do You Value a Share of a Stock?

How Do You Value a Share of a Stock?

Financial professionals often estimate a company’s worth by analyzing its Earnings Per Share (EPS) and applying a multiple valuation method. Multiple valuation is widely used in the stock market because it combines profitability with how investors typically price similar companies.…