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I’m starting a new series (thought provoking or maybe just provoking…) about some of the oxymorons we find in the “traditional” manufacturing world.
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An oxymoron is a figure of speech that combines contradictory terms. We hear these all the time in common speech, things like “open secret” or “pretty ugly” or “definite maybe.”
Today’s example: “inventory management.” Here’s one definition of inventory management from the Internet (Investopedia.com):
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Oxymoronic Management
First, we can't feed thought, as food and thought are commonly meant. Second, logistics is father to inventory: when logistics is not put at work, then inventory is the consequential, rather useless solution. A further oxymoron: useless solution.
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