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The New Definition of Supply Chain Agility and Resilience in an Unpredictable World

Logistics Viewpoints

The definition of agility and resilience will continue to evolve. The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. There are Also Commercial Reasons.

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6 Inventory Control Techniques for Stock Optimization

EazyStock

Inventory Control Techniques that use Stock Optimization Best Practices. So we thought we’d focus on the lesser known topic of ‘stock optimization’ – this is an inventory control technique that’s becoming more popular with inventory managers to improve the efficiency of their supply chain. What is stock optimization?

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TWI: Is it Time to Rethink Job Relations?

The Lean Thinker

.” I think the answer depends on the person’s mental model and biases about the role of authority. And, to be clear, this is actually a continuum rather than a bipolar model. That is the purpose of these meetings. If we optimize the parts, we will optimize the whole. I am just showing the endpoints.

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Advanced analytics meets social good: how Angel Flight West optimizes flight routes for families in need

AIMMS

North Star Alliance , for instance, uses optimization to find optimal locations for its mobile HIV-AIDS clinics in Africa. Most recently, we encountered Angel Flight West , a non-profit organization that is using AIMMS to optimize flight routes for families in need. Angel Flight West route optimization in AIMMS.

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Vendor Managed Inventory Model for Supply Chain Cost Reductions

GlobalTranz

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. These are obviously confidential meetings in a closed office by Supplier Conference Team Members.

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Companies Improve their Supply Chains with Artificial Intelligence

Logistics Viewpoints

Further, while artificial intelligence helps solve certain types of problems, Jay Muelhoefer – the chief marketing officer at Kinaxis pointed out – optimization and heuristics work better for other types of planning problems. So, models for heavy process industries often include first principle parameters.

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Digital Transformation Journey in Supply Chain Planning

Logistics Viewpoints

Modeling the impact of weather events. Modeling impact of promotions and campaigns. Predictive analytics feeding scenario planning definitely gives a competitive edge when reacting to changes in the business environment. Optimizing supply and demand matching across the end-to-end supply chain. Going Autonomous.