Accurate modeling of a company’s supply chain network provides insights into optimal production, storage locations, and raw materials supply network strategy. The modeling process can last from one ...
Supply chain leaders have been using technology to design and optimize their supply chains for decades. These days, they’re trying to understand the best way to integrate artificial intelligence and ...
Supply chain network design is a powerful modeling approach proven to deliver significant reduction in supply chain costs and improvements in service levels by better aligning supply chain strategies.
Advances in commerce have caused modern consumers to raise their baseline expectations. The rise of next- and same-day delivery has created a standard of demand that puts a new kind of pressure on ...
It was in the 1950s that the term artificial intelligence (AI) was first introduced, but it wasn’t until ChatGPT was launched in 2022 that the masses began to sit up and take notice. Likewise, the ...
This is an excerpt of the original article. It was written for the May-Jun 2024 edition of Supply Chain Management Review. The full article is available to current subscribers. In each issue I try to ...
It isn’t hard to name a recent product recall or scandal that’s affected thousands, if not millions, of consumers worldwide. Consider the Takata airbag recalls that rocked the automobile industry and ...
What is supply chain management and how does it work? Supply chain management actively streamlines a company’s supply-side operations from planning to after-sales services to enhance customer ...
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