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Rockwell Automation has acquired Plex Systems
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Supply Chain Disruption, What CFOs Need to Know

Fact: According to a study by PwC and the Business Continuity Institute, 75% of companies experience at least one major supply chain disruption a year. Supply chain disruption interrupts the steady flow of products, which in turn can have a…

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Thinking Part 2: Optimal Thinking

I recently expounded the concept of Statistical Thinking whereby people, particularly, business people should develop and nurture a conceptual understanding of the role of variation and uncertainty in the numbers we deal with on a daily basis.  It is not necessary…

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Thinking Part 1: Statistical Thinking

The concept of Statistical Thinking has always appealed to me since I first heard it back in the late 1970s or early 1980s. The concept surfaced, in my mind, recently when I began teaching two sections of Elementary Statistics at…

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