article thumbnail

IBP Scenario Modeling for Recovery, Restructuring and Resilience

AIMMS

Those that also leverage scenarios in IBP are even better prepared to deal with the supply chain shocks caused by COVID-19. Our second webinar delved deeper into the technology aspect, focusing on analytical capabilities and scenario modeling. Let’s explore them briefly in this blog post. Use case 2: Smart restructuring.

Modeling 406
article thumbnail

Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks. Materials shortages , demand fluctuations and plan t closures have led many organizations to revisit their supplier relationships, as well as distribution and production locations. Read on for common use cases. .

Modeling 361
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Disruptions like Coronavirus Test The Resilience Of Supply Chain Planning

AIMMS

Manufacturers like Hyundai are experiencing a shortage of components that threaten s to halt production. The virus continues to compromise supply chains and disrupt companies at a troubling rate, but a re businesses prepared from a supply chain planning perspective? . First reaction s to the outbreak .

article thumbnail

Build a Digital Playbook Beyond Scenarios to Thrive in Uncertainty

Logistics Viewpoints

Today’s supply chains are fraught with uncertainties across demand and supply yet are tasked with adding incremental value to their organizations while also meeting commercial, working capital and sustainability goals. The challenge for supply chain teams lies in increasing knowledge to create value amid this complexity.

Modeling 267
article thumbnail

How to Prepare Your Supply Chain for Chip Shortages

It will have a long-term impact on all industries, even those that don’t directly relate to the chip manufacturers. TadaNow has helped many customers with short-term and long-term planning to prepare them for supply chain shortages and procure needed electronics components in the most efficient way possible.

article thumbnail

Reshoring and Domestic Manufacturing Incentives: Impacts on Supply Chain Logistics

Logistics Viewpoints

Reshoring, the practice of bringing manufacturing operations back to the United States, has gained renewed momentum in recent years, largely driven by a combination of political priorities, economic strategies, and global supply chain disruptions. The Case for Reshoring: Benefits for Supply Chains 1.

article thumbnail

Supply Chain Planning for Dummies

Logistics Viewpoints

S upply chain planning requires constraints to be mapped. Supply chain management has been in the news. But the intricacies of supply chain management are beyond the grasp of most. One key solution used to help manage complex supply chains is supply chain planning (SCP).

article thumbnail

8 Questions to Rate Supply Chain Platform Needs and Capabilities

Based on more than 25 years of our experience in supply chain technology, TadaNow has created some critical questions for manufacturing leaders to ask while evaluating supply chain platforms: What is the business outcome you’re trying to deliver? Download ' A Buyer’s Guide for Supply Chain Executives’ by TadaNow.

article thumbnail

How to Prepare Your Supply Chain for Future Shortages

Manufacturers that don’t have a direct relationship with chip factories, such as those producing automobiles, heavy industrial equipment, medical diagnostics equipment, and electronics, are greatly affected. This infographic outlines the global chip shortage crisis in an easy-to-read format, perfectly suited for busy supply chain executives.

article thumbnail

How Chip Shortages Impacted Supply Chain and Solutions to Fix This

Manufacturers that don’t have a direct relationship with chip factories, such as those producing automobiles, heavy industrial equipment, medical diagnostics equipment, and electronics, are greatly affected. This infographic outlines the global chip shortage crisis in an easy-to-read format, perfectly suited for busy supply chain executives.

article thumbnail

Guide to Mathematical Optimization & Modeling

For decades, operations research professionals have been applying mathematical optimization to address challenges in the field of supply chain planning, manufacturing, energy modeling, and logistics.

article thumbnail

Problem Solved: Boost Resilience with Supplier Diversity

Speaker: Rod Robinson - SVP of the Supplier Diversity Practice, Insight Sourcing Group

Supplier diversity programs are impactful and effective tools in your business strategy because they guarantee a diverse supplier base and ensure inclusivity within your ultimate procurement plan. This session will also cover: How to widen your pool of potential suppliers to achieve stronger supply chain resilience and adaptability.

article thumbnail

8 Supply Chain Technology Trends for 2022 and Beyond

Manufacturing leaders who built resilient supply chains were successful in 2021, despite the many supply and demand fluctuations. Supply chain visibility, collaboration, and orchestration are now the top priority for executives. Multi-Tier Supply Chains. Blockchain Expands Supply Chain Capabilities.

article thumbnail

Supply Chain Network Design: The Ultimate Use Cases eBook

This eBook shares how supply chain leaders leverage their supply chain design software to tackle a variety of challenges and questions. Scenario analysis and optimization defined. Creating a strategic digital twin (digital representation) of your supply chain network. Diversifying sourcing and manufacturing.

article thumbnail

Your Triple-Threat Solution for Resilient Planning and Execution

Speaker: Len Pannett - Supply Chain and Operations Transformation Expert | Board Advisor - UK Ministry of Defence | Mentor | Author | Keynote Speaker

With the dark clouds of inflation and uncertainty looming overhead while the pressures of ESG and geopolitical tensions increase, today’s supply chain professionals are facing challenges we have never seen before. Supply chain professionals often face the dilemma of balancing cost, resilience, and sustainability.