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Resilience by Design: The Power of Simulation in Supply Chain Strategy

Logistics Viewpoints

To demonstrate that classic (single time series demand input) optimization and stochastic (multiple time series demand input) optimization can yield substantially different results, we will analyze a network of a company A that has four manufacturing plants that need to service demand in every mainland US state.

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This Week in Logistics News (October 24-28, 2016)

Talking Logistics

In 2012, for example, he was elected as a fellow of the Institute for Operations Research and the Management Sciences (INFORMS), where he served as chair of the Sections and Societies Subcommittee and as president of the Transportation Science and Logistics Section. Thank you, Marius, for your friendship, support, and confidence in me.

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This Week in Logistics News (February 18-22, 2013)

Talking Logistics

CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. Transplace delivered more than 50 customer solutions in 2012 using the CombineNet sourcing technology, in industries including consumer goods, chemicals, manufacturing, and retail.

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Supply Chain Professional – Protector of Mother Earth

Logility

I care about the environment and do what I can to minimize my impact because living in Beautiful Colorado I benefit from being surrounded by some of Mother Earth’s finest scenery. Higher forecast accuracy allows a company to hold less inventory, run more efficient plants, and improve transportation efficiency.

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Hurricane season 2024: how to prepare your supply chain

Resilinc

Colorado State University (CSU) forecasts 23 storms, 11 hurricanes, and 5 major hurricanes—the highest prediction they have ever issued. Learn more about the most significant extreme weather and climate-related risks procurement professionals should pay attention to in 2024: How Will Climate Change Impact Supply Chains in 2024?

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Continued Disruption and Added Cost Inflation Reflected in Key Global Transportation and Logistics Indices in March and Q1 2022

Supply Chain Matters

We now add highlights of March and Q1-2022 key global transportation and logistics indices. Global and Domestic Transportation and Logistics Indices. Similarly, factories in areas of Shanghai , Shenzhen and Jalin provinces have had to restrict workers to manufacturing campuses in order to maintain operations. Global Shipping.

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U.S. Freight Rates Reach Six Year Low Milestone

Supply Chain Matters

The sub-index index Transportation Utilization of 50 was noted as indicating no upward movement for the first time in 2023. That is not good for retailers and manufacturers, each under the looking glass to reduce not only transportation but also inventory carrying costs. percentage points below the February value of 54.7,

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