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
article thumbnail

Invest in These Capabilities to Drive Supply Chain Excellence

AIMMS

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Supply chain professionals know it can be extremely challenging to drive day-to-day operational excellence and pursue innovation at the same time. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. Firefighting is the norm.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Optimizing Warehouse Efficiency: A Warehouse Manager’s Expert Guide to Waste Elimination

Logistics Viewpoints

In the dynamic landscape of modern supply chains, one of the key challenges is the efficient management of resources to eliminate waste and enhance overall productivity. Packing efficiently is essential for maximizing storage capacity and minimizing waste in the warehouse. With 90% of items shipped in the U.S.

article thumbnail

Demand Planning. When The Answer To Two Simple Questions Is Not So Simple.

Supply Chain Shaman

The question was, “How can I redefine demand planning processes to use channel data?” Their question was, “Why were consumer products companies not using retail data to drive demand processes?” A forecast is a time-phased view, or projection, of future demand. In an implementation, the details matter.

article thumbnail

Interoperability in the Supply Chain: Leveraging the OSI Model for Seamless Logistics

Logistics Viewpoints

In the rapidly evolving world of global supply chains, interoperability—the ability of systems, devices, and organizations to work together seamlessly—has become a critical factor for operational efficiency. Here’s how each layer translates to the supply chain context: 1. Application Layer: Interfacing with end-user applications.

article thumbnail

A Model for Employing Disabled Workers in Warehousing

Logistics Viewpoints

On Monday, March 8th, a vice president of supply chain for a large retail chain – a chain with over 5,000 stores – spoke at Körber’s supply chain conference Elevate. Two years ago, the company had 5 different warehouse management systems. Currently disabled workers are employed at 8 supply chain locations.

article thumbnail

Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

Imagine what would happen if each station optimized its schedule and traffic independently: city-wide chaos would ensue. Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have.

Modeling 270